European Long Term Investment Funds (“ELTIFs”) can avail of an EU marketing passport, for marketing to both retail and professional investors. But, in order to be authorised as an ELTIF, an Alternative Investment Fund (“AIF”) must be managed by an authorised EU Alternative Investment Fund Manager (“AIFM”) and comply with all the requirements laid down by the Regulation (EU) 2015/760 of the European Parliament and of the Council of 29 April 2015 on European long-term investment funds (“ELTIF Regulation”).

Luxembourg ELTIF managers marketing funds in Luxembourg or in another Member State in accordance with Regulation (EU) 2015/760 must send a notification to the CSSF.

Details of the practicalities of the notification procedure are provided in Circular CSSF 22/810. Luxembourg ELTIFs marketing funds in Luxembourg or in another Member State are invited to consult this circular in order to take into consideration the practical instructions and technical details to be respected as regards the submission of the notification file to the CSSF, the documentation composing the notification file and the processing of the notification file.


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