ELTIF 2: Regulatory Technical Standards finally published in the Official Journal of the European Union

The European Commission Delegated Regulation (EU) 2024/2759  (the “Delegated Regulation”) containing the European Long-Term Investment Fund (ELTIF) regulatory technical standards (RTS) has been published in the Official Journal of the European Union on 25 October 2024.

These RTS entered into force on 26 October 2024.

They supplement ELTIF 2 Regulation: Regulation (EU) 2023/606.

They specify some key points such as the requirements for redemption policy and liquidity management tools, the circumstances for the matching of transfer requests of units or shares, the criteria for the disposal of assets, and the elements of the costs disclosure.

With the publication of the long-awaited RTS, the European ELTIF 2 regulatory framework is now finalized and should facilitate the success of the ELTIFs, vehicle enabling to finance long-term economy.