ELTIF model brings new approach to lending in France.

• Autores: Amélie Labbé
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 35, Nº. 31 (8/8/2016), 2016, págs. 6-6
• Idioma: inglés
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• Resumen

  • The article reports that France's banking monopoly rules have been further relaxed after the authorization of a crowdlending platform to launch a European long-term investment fund (ELTIF). The platform Lendix is the third entity to be given a green light in France under the ELTIF scheme after it was approved by the Autorité des Marchés Financiers (AMF). Lendix's fund will provide loans to small and mid-sized companies that are under the radar of all existing debt funds.