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🔗 Back to Summary. 🇫🇷 French Version: 2009L0065_FR.30. Open the PDF. Direct link to EUR-LEX.
Article 29 – 1. ⬅️ | ➡️ Article 31 – Each investment company’s home Member State shall draw up prudential rules which shall be observed at all times by investment companies that have not designated a management company authorised pursuant to this Directive.
Article 30 - Articles 13 to 14b shall apply
Articles 13 to 14b shall apply
mutatis mutandis
to investment companies that have not designated a management company authorised pursuant to this Directive.
For the purpose of the Articles referred to in the first paragraph, ‘management company’ means ‘investment company’.
Investment companies shall manage only assets of their own portfolio and shall not, under any circumstances, receive any mandate to manage assets on behalf of a third party.