Council of the EU Agrees General Approach on Long-Term Investment Funds Regulation

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On June 25, the Council of the EU published a press release announcing that it has agreed to a general approach on the proposed Regulation on European Long-Term Investment Funds (ELTIF Regulation). The incoming Italian Presidency of the Council has been invited to start negotiating with the European Parliament, on the basis of the general approach, to enable adoption of the ELTIF Regulation at first reading. Press release.

 

Topics:  EU, Long-Term Investment Funds, New Regulations

Published In: Finance & Banking Updates, International Trade Updates

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.

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