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New version applies from 26/06/2021 — introduced by Directive (EU) 2019/2034. 24 provisions change. Later versions: 02/08/2021, 09/01/2024, 17/01/2025, 16/04/2026. Article 17 changes in this version: compare with the current text.

View as of 26/06/2021 What changes

Article 17

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Article 17

Where AIFMs are exposed to a securitisation that no longer meets the requirements provided for in Regulation (EU) 2017/2402 of the European Parliament and of the Council ⁶, they shall, in the best interest of the investors in the relevant AIFs, act and take corrective action, if appropriate.

6 Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation, and amending Directives 2009/65/EC, 2009/138/EC and 2011/61/EU and Regulations (EC) No 1060/2009 and (EU) No 648/2012 (OJ L 347, 28.12.2017, p. 35). ↩