Amendment to Directive 2011/61/EU
Article 41
Article 17 of Directive 2011/61/EU is replaced by the following: ‘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 ( *3 ) , they shall, in the best interest of the investors in the relevant AIFs, act and take corrective action, if appropriate.