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 announced that it has agreed to a general approach on the proposed Regulation on European Long-Term Investment Funds.
European Union Finance and Banking

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.

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