CHAPTER III

OPERATING CONDITIONS FOR AIFMs
SECTION 1

General requirements
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
, they shall, in the best interest of the investors in the relevant AIFs, act and take corrective action, if appropriate.
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
).
Substituted by 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.