ALFI’s response to ESMA’s consultation on the draft regulatory technical standards under the ELTIF Regulation

23 Oct 2015 | Statements and Position Papers  

According to the ELTIF Regulation, ESMA shall develop draft regulatory technical standards (RTS)

to determine the criteria for establishing the circumstances in which the use of financial derivative instruments solely serves hedging purposes, the circumstances in which the life of a European long-term investment fund is considered sufficient in length, the criteria to be used for certain elements of the itemised schedule for the orderly disposal of the ELTIF assets, the costs disclosure and the facilities available to retail investors. This consultation paper represents the first stage in the development of the draft RTS.

Download the ALFI’s response here.