Do’s and Don’ts of Appointing a Facilities Agent for ELTIFs
ELTIFs can be marketed to both professional and retail investors across Europe. In addition to specific suitability tests to be carried out on retail investors, ELTIFs regulation also imposes to appoint a Facilities Agent for ELTIFs in all the EU domiciles where marketing will take place. The Facilities Agent for ELTIFs is not necessarily a…