General obligations for competent authorities
Article 16
When assessing the AIFM’s compliance with Article 12(1) of Directive 2011/61/EU, the competent authorities shall use at least the criteria laid down in this Section.
Commission Delegated Regulation (EU) No 231/2013 Article 16
Commission Delegated Regulation (EU) No 231/2013 Article 16
Other provisions in SECTION 1 — General principles
- 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 18: Due diligence
- Article 19: Due diligence when investing in assets of limited liquidity
- Article 20: Due diligence in the selection and appointment of counterparties and prime brokers
- Article 21: Acting honestly, fairly and with due skills
- Article 22: Resources
- Article 23: Fair treatment of investors in the AIF
- Article 24: Inducements
- Article 25: Effective employment of resources and procedures — handling of orders
- Article 26: Reporting obligations in respect of execution of subscription and redemption orders
CitationArticle 16 of Commission Delegated Regulation (EU) No 231/2013 (LawPlayer, data as of 2026-07-04)
© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.
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