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πŸ”— Back to Summary. πŸ‡«πŸ‡· French Version: 2013R0231_FR.81. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.

Article 80 – Conflicts of interest ⬅️ | ➑️ Article 82 – Letter-box entity and AIFM no longer considered to be managing an AIF

Article 81 - Consent and notification of sub-delegation

1.

A subdelegation shall become effective where the AIFM demonstrates its consent to it in writing.

A general consent given in advance by the AIFM shall not be deemed consent in accordance with point (a) of EU.

2.

Pursuant to point (b) of EU, the notification shall contain details of the delegate, the name of the competent authority where the sub-delegate is authorised or registered, the delegated functions, the AIFs affected by the sub-delegation, a copy of the written consent by the AIFM and the intended effective date of the sub-delegation.