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🔗 Back to Summary. 🇫🇷 French Version: 2013R0231_FR.17. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 16 – General obligations for competent authorities ⬅️ | ➡️ Article 18 – Due diligence
Références LVL1 <=> LVL2
Level 1 reference(s): 2011L0061_EN.12 > 1
Article 17 - Duty to act in the best interests of the AIF or the investors in the AIF and the integrity of the market
1.
AIFMs shall apply policies and procedures for preventing malpractices, including those that might reasonably be expected to affect adversely the stability and integrity of the market.
2.
AIFMs shall ensure that the AIFs they manage or the investors in these AIFs are not charged undue costs.