Blog: Solvency II: infrastructure investments & ELTIFs Implementing Regulation published in the Official Journal

Cooley LLP
Contact

On 2 April 2016, Solvency II was amended (by Commission Delegated Regulation 2016/467) to:

  1. Include a new asset class: qualifying infrastructure investments;
  2. Bring the treatment of investments in European Long-Term Investment Funds (ELTIFs) into line with the treatment of investments in European Venture Capital Funds, and European Social Entrepreneurship Funds (EuVECAs & EuSEFs); and
  3. Provide for the equivalent treatment of equities traded on multi-lateral trading facilities and equities listed on regulated markets.

Afterwards, a Commission Implementing Regulation was made, to lay down the reporting templates for these investments. Unfortunately, that regulation included some errors. Commission Implementing Regulation (EU) 2016/1868, will correct these errors. This regulation was published in today’s Official Journal, and will come into force on 10 November 2016.

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Cooley LLP | Attorney Advertising

Written by:

Cooley LLP
Contact
more
less

Cooley LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide