the ELTIF Regulation definition

the ELTIF Regulation means Regulation (EU) No 760/2015 of the European Parliament and of the Council of 29 April 2015 on European long-term investment funds;

Examples of the ELTIF Regulation in a sentence

  • There can be no assurance that countries maintain compliance of the Sub-Fund’s portfolio of investments with rules for investments in Eligible Jurisdictions as per article 11(1)(c)(ii) of the ELTIF Regulation and at any point a potential or existing investor may become a Prohibited Person in the event of a legislative change.

  • The Sub-Fund’s investments will qualify as eligible investments for an ELTIF, in particular with regard to eligible assets and spreading of investment risks in accordance with Chapter II of the ELTIF Regulation.

  • Certain EEA countries, such as Lichtenstein, Norway and Iceland, are due to adopt the necessary legislative implementation measures in national law to adopt the ELTIF Regulation and therefore become Member States within the meaning of the ELTIF Regulation.

  • Compliance with article 11(1)(c) of the ELTIF Regulation will continue to be monitored during the life of the investments.

  • If, at any time during the life of the Sub-Fund, the status of an investor means that the country of any investment of the Sub-Fund no longer satisfies the requirements of 11(1)(c) of the ELTIF Regulation due to legal, regulatory or tax changes resulting in such Qualifying Portfolio Undertaking no longer domiciled in an Eligible Jurisdiction, the AIFM may have to consider remedial action in respect of such investor’s status as a Shareholder.

  • However, there is no clear time indication on when these measures and adoption of the ELTIF Regulation in such countries will enter into force, additionally an assessment as to the compliance of article 11(1)(c)(ii) of the ELTIF Regulation for the Sub-Fund’s investment portfolio and the marketing jurisdiction of its investors will need to be made at the time of such adoption.

  • This means that prospective and admitted investors from such countries may in the future no longer be deemed Eligible Investors of the Sub-Fund if the application of article 11(1)(c)(ii) of the ELTIF Regulation can no longer be complied with due to their admission in the Sub-Fund.

  • Specific risks related to co-investments are duly addressed by the conflict of interest policy established by the AIFM in accordance with the ELTIF Regulation and the AIFMD framework.

  • Digital Assets Limit as defined in Article 6.2 ELTIF a European long-term investment fund regulated by the ELTIF Regulation.

  • In particular, it should be noted that in accordance with article 11(1)(c) of the ELTIF Regulation, where a Qualifying Portfolio Undertaking is established in a third country, such third country must at all times be an Eligible Jurisdiction.

Related to the ELTIF Regulation

  • the Council Regulation means Council Regulation (E.C.) No. 2201/2003 of 27th November 2003 on jurisdiction and the recognition and enforcement of judgments in matrimonial matters and matters of parental responsibility;

  • EU Regulation means a regulation within the meaning of Article 288 of the Treaty on the Functioning of the European Union;

  • AIFM Regulation means Commission Delegated Regulation (EU) No. 231/2013.

  • SSM Regulation means Council Regulation (EU) No. 1024/2013 of 15 October 2013 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions, as amended, supplemented or replaced from time to time;

  • OHS Regulation means the Workers Compensation Act (British Columbia), including without limitation, the Occupational Health & Safety Regulation (BC Regulation 296/97, as amended by BC Regulation 185/99) enacted pursuant to such Act, all as such Act or Regulations are amended or re-enacted from time to time.