Law firms in Luxembourg’s financial centre are seeing a growing number of requests relating to ELTIF investment products. Already observed in 2022, it has reached a more rapid clip following the amendment to the European regulations that came into force in March 2023 and will apply from 10 January 2024. ELTIF 2.0 will then take over, with a new set of operating rules more aligned with the needs of both investors and asset managers. The question that remains is what role this will play in opening up the EU’s capital markets.
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