Info
🔗 Back to Summary. 🇫🇷 French Version: 2013R0231_FR.69. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 68 – Use of models to value assets ⬅️ | ➡️ Article 70 – Periodic review of valuation policies and procedures
Références LVL1 <=> LVL2
Level 1 reference(s): 2011L0061_EN.19
Article 69 - Consistent application of valuation policies and procedures
1.
An AIFM shall ensure that the valuation policies and procedures and the designated valuation methodologies are applied consistently.
2.
The valuation policies and procedures and the designated methodologies shall be applied to all assets within an AIF taking into account the investment strategy, the type of asset and, if applicable, the existence of different external valuers.
3.
Where no update is required, the policies and procedures shall be applied consistently over time and valuation sources and rules shall remain consistent over time.
4.
The valuation procedures and the designated valuation methodologies shall be applied consistently across all AIFs managed by the same AIFM, taking into account the investment strategies and the types of asset held by the AIFs, and, if applicable, the existence of different external valuers.