The ACC has sent a letter to the European Parliament in the context of the European Long-Term Investment Fund (ELTIF) to provide our comments pertaining to amendments put forth in the European Parliament’s second draft compromise text which would introduce a new category of an ‘environmentally sustainable’ ELTIF. 

The letter emphasises that the ACC does not believe it is appropriate to introduce specific ESG-related product requirements, labels or additional rules beyond those already required by the Sustainable Finance Disclosure Regulation (SFDR) in the context of the ELTIF. To review the full letter, please click here.