ESMA invites comments on all matters in this paper and in particular on the specific questions summarised in Annex II. Comments are most helpful if they:
- respond to the questions stated;
- indicate the specific question to which the comment relates;
- contain a clear rationale; and
- describe any alternatives ESMA should consider.
ESMA will consider all comments received by 20 February 2023.
All contributions should be submitted online at www.esma.europa.eu under the heading ‘Your input – Consultations’ using the provided Response form.
Publication of responses
All contributions received will be published following the close of the consultation, unless you request otherwise. Please clearly and prominently indicate in your submission any part you do not wish to be publicly disclosed. A standard confidentiality statement in an email message will not be treated as a request for non-disclosure. A confidential response may be requested from us in accordance with ESMA’s rules on access to documents. We may consult you if we receive such a request. Any decision we make not to disclose the response is reviewable by ESMA’s Board of Appeal and the European Ombudsman.
Data protection
Information on data protection can be found at www.esma.europa.eu under the heading Legal Notice.
Who should read this paper
This document will be of interest to (i) alternative investment fund managers, UCITS management companies, EuSEF managers and/or EuVECA managers, alternative investment funds, EuSEFs and EuVECAs, ELTIFs and their associations as well as (ii) institutional and retail investors (and associations of such investors) investing in alternative investment funds, UCITS, EuSEFs, EuVECAs and ELTIFs.