Regulatory arbitrage risk of European Long Term Investment Funds

But new vehicle offers benefits to investors and European economy, says lawyer

silke-bernard-linklaters-luxembourg

The approval on March 10 of the European Union’s regulation on European Long Term Investment Funds (ELTIFs) provides a new tool designed to assist the continent’s emergence from the years of financial crisis and economic sluggishness, and one that offers the financial industry an opportunity to restore its public image, demonstrating that it can be a generator of growth, prosperity and jobs rather than mired in scandal or soaking up taxpayer-funded bailouts.

An EU framework for long-term funds wa