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🔗 Back to Summary. 🇫🇷 French Version: 2013R0231_FR.111. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 110 – Reporting to competent authorities ⬅️ | ➡️ Article 112 – Restrictions on the management of AIFs
Références LVL1 <=> LVL2
Level 1 reference(s): 2011L0061_EN.24 > 1, 2011L0061_EN.22 > 2, 2011L0061_EN.23 > 4
Article 111 - Use of leverage on a ‘substantial basis’
1.
Leverage shall be considered to be employed on a substantial basis for the purposes of EU when the exposure of an AIF as calculated according to the commitment method under Article 8 of this Regulation exceeds three times its net asset value.
2.
Where the requirements referred to in paragraph 1 of this Article are fulfilled, AIFMs shall provide information in accordance with EU to the competent authorities of their home Member States in accordance with the principles laid down in Article 110(3) of this Regulation.