# Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers and amending Directives 2003/41/EC and 2009/65/EC and Regulations (EC) No 1060/2009 and (EU) No 1095/2010 (Text with EEA relevance), Article 17

Extent: E+W+S+N.I.

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.

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Source: https://www.legislation.gov.uk/eudr/2011/61/article/17 (the official version)
Page: https://openlegislation.uk/eu-directive-2011-61/article-17
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.