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By Marc MEYERS, Partner and Sebastiaan Hooghiemstra; Senior Associate, Loyens Loeff
The European Parliament has voted on 15 February 2023 in favour of a major update to the EU’s regulation for long-term investment funds (ELTIFs), also known as ELTIF 2.0. Adopting ELTIF 2.0 by the European Parliament forms part of the EU’s wider Capital Markets Union (CMU) initiative that aims to develop the EU’s capital markets.
1. Background to ELTIF 2.0
The initial ELTIF Regulation entered into force on 19 May 2015 with the objective of boosting European long-term investments in the real economy, in line with the EU wider objective of smart, sustainable and inclusive growth. Albeit receiving a lot of attention,...
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