Preamble
Recitals 136
Chapter I - DEFINITIONS (Article 1) 1
Chapter II - GENERAL PROVISIONS (Article 2-15) 14
Chapter III - OPERATING CONDITIONS FOR AIFMs (Article 16-82) 67
- Section 1 - General principles (Article 12(1) of Directive 2011/61/EU) (Article 16-29) 14
- Section 2 - Conflicts of interest (Article 14 of Directive 2011/61/EU) (Article 30-37) 8
- Section 3 - Risk management (Article 15 of Directive 2011/61/EU) (Article 38-45) 8
- Section 4 - Liquidity management (Article 16 of Directive 2011/61/EU) (Article 46-49) 4
- Section 5 - Investment in securitisation positions (Article 17 of Directive 2011/61/EU) (Article 50-56) 7
- Section 6 - Organisational requirements — general principles (Articles 12 and 18 of Directive 2011/61/EU) (Article 57-66) 10
- Section 7 - Valuation (Article 19 of Directive 2011/61/EU) (Article 67-74) 8
- Section 8 - Delegation of AIFM functions (Article 20(1), (2), (4) and (5) of Directive 2011/61/EU) (Article 75-82) 8
Chapter IV - DEPOSITARY (Article 83-102) 20
Chapter V - TRANSPARENCY REQUIREMENTS, LEVERAGE, RULES RELATING TO THIRD COUNTRIES AND EXCHANGE OF INFORMATION ON THE POTENTIAL CONSEQUENCES OF AIFM ACTIVITY (Article 103-116) 14
Chapter VI - FINAL PROVISIONS (Article 117) 1
Annexes 4
Amending acts 3

Article 50 - Definitions

Article 50

Definitions

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For the purposes of this Section:

(a)

‘securitisation’ means a securitisation within the meaning of Article 4(36) of Directive 2006/48/EC;

(b)

‘securitisation position’ means a securitisation position within the meaning of Article 4(40) of Directive 2006/48/EC;

(c)

‘sponsor’ means a sponsor within the meaning of Article 4(42) of Directive 2006/48/EC;

(d)

‘tranche’ means a tranche within the meaning of Article 4(39) of Directive 2006/48/EC.

Official text · consolidated version 01/08/2022 (in force) Open full page ↗