OpenLegislation

Article 61 Amendment to Directive 2011/61/EU

United Kingdom

Original text. Later amendments are not shown.

In Article 9 of Directive 2011/61/EU, paragraph 5 is replaced by the following:

‘5.

Irrespective of paragraph 3, the own funds of the AIFM shall never be less than the amount required under Article 13 of Regulation (EU) 2019/2033 of the European Parliament and of the Councilf1.’.

Annotations

Footnotes

f1

Regulation (EU) 2019/2033 of the European Parliament and of the Council of 27 November 2019 on the prudential requirements of investment firms and amending Regulations (EU) No 1093/2010, (EU) No 575/2013, (EU) No 600/2014 and (EU) No 806/2014 (OJ L 314, 5.12.2019, p. 1).’.