In mid-2013 a legal framework was proposed for creating uniform provisions in relation to long term investment funds – a suggested Regulation on European Long-term Investment Funds (ELTIF). The aim of the Regulation is to make capital available that is to be assigned to long-term European investments in the real economy in accordance with the aim of the European Union to ensure intelligent, sustainable and integrated growth. Both ELTIFs managers and the ELTIFs are required to be approved by the respective supervisory authority.
German: Europäische Langfristige Investmentfonds (ELTIF) (319)
Source: FMA AT m. e. E., 30.10.2018
Notice: The contents of this terminology collection Lawpedia® with a focus on business law (especially financial market law) have been researched with great care and compiled on the basis of an extensive flash card, training materials and literature. The various sources (as far as they could be found) can be found in the abbreviations and source references. References to other sources are welcome. Despite the care taken, the provider cannot accept any liability for the accuracy, completeness and topicality of the information provided. The information is of a general nature in particular and does not constitute legal advice in individual cases.