1. Directive 2011/61/EU - Alternative Investment Fund Managers Directive (AIFMD)
2. Chapter III Operating conditions for AIFMs (arts. 12-21)

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Chapter III Operating conditions for AIFMs (arts. 12-21)

Comparing proposed amendment...

	Section 1 General requirements (arts. 12-17)
Entered into force	Article 12 General principles
Entered into force	Article 13 Remuneration
Entered into force	Article 14 Conflicts of interest
Amended	Article 15 Risk management
Entered into force	Article 16 Liquidity management
Amended	Article 17 Investment in securitisation positions
	Section 2 Organisational requirements (arts. 18-19)
Amended	Article 18 General principles
Entered into force	Article 19 Valuation
	Section 3 Delegation of AIFM functions (art. 20)
Entered into force	Article 20 Delegation
	Section 4 Depositary (art. 21)
Entered into force	Article 21 Depositary

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