The European Commission has launched a consultation in relation to its review of the Regulation on European long-term investment funds (ELTIFs).
The Commission is seeking views on various issues grouped under the following headings:
- Scope of the ELTIF authorisation and process;
- Investment universe, eligible assets and qualifying portfolio undertakings;
- Borrowing of cash and leverage; and
- Rules on portfolio composition and diversification.
The deadline for responses to the consultation is 19 January 2021.