19 Jan 2021

Since the adoption of the ELTIF legal regime in 2015, only around 28 ELTIFs have been established, with a very low asset base (below 2 billion euros). Due to this relatively low uptake of the ELTIF, together with the High-Level Forum on the CMU issuing a number of recommendations for the review of the ELTIF Regulation, the European Commission has published a public consultation on the functioning of the ELTIF regime.

How to respond to this consultation

The European Commission have requested feedback using the online questionnaire.


The EC have extended the deadline for response to 1st February 2021 (mid-night Brussels time) due to a request from a number of stakeholders citing high workloads.



Jacqui Bungay

Jacqui Bungay

AREF Policy Secretariat , AREF

Jacqui provides policy guidance and secretariat services to the AREF Board and AREF Management Committee as well as the following AREF Committees: Corporate Governance, ESG & Impact Investing, Investor, Public Affairs, Research and Information and Retails Funds. In addition, Jacqui monitors members’ compliance with AREF’s Code of Practice. 

Jacqui joined AREF in 2014 after working for over 25 years in fund compliance, client relationships and administration at Natwest Trustee & Depositary Services.