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  1. Commission Delegated Regulation (EU) No 231/2013 of 19 December 2012 supplementing Directive 2011/61/EU of the European Parliament and of the Council with regard to exemptions, general operating conditions, depositaries, leverage, transparency and supervision (Text with EEA relevance)
  2. Chapter III Operating conditions for AIFMs (arts. 16-82)
  3. Section 1 General principles (arts. 16-29)
  4. Article 17 Duty to act in the best interests of the AIF or the investors in the AIF and the integrity of the market
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Version status: Applicable | Document consolidation status: Updated to reflect all known changes
Version date: 22 July 2013 - onwards
  Version 3 of 3    

Article 17 Duty to act in the best interests of the AIF or the investors in the AIF and the integrity of the market

(Article 12(1) of Directive 2011/61/EU)

1. AIFMs shall apply policies and procedures for preventing malpractices, including those that might reasonably be expected to affect adversely the stability and integrity of the market.

2. AIFMs shall ensure that the AIFs they manage or the investors in these AIFs are not charged undue costs.

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