PART 3Amendment of Regulation (EU) 2015/760

Cost disclosure30

1

Article 25 (cost disclosure) is amended as follows.

2

In paragraphs 1 and 2, for “ELTIF” substitute “LTIF”.

3

For paragraph 3 substitute—

3

The FCA may make technical standards to specify the common definitions, calculation methodologies and presentation formats of the costs referred to in paragraph 1 and the overall ratio referred to in paragraph 2.

4

In making the technical standards, the FCA must take into account the technical standards referred to in points (a) and (c) of Article 8(5) of Regulation (EU) No 1286/2014, as amended from time to time.