OpenLegislation

Article 17 Duty to act in the best interests of the AIF or the investors in the AIF and the integrity of the market

United Kingdom

Original text. Later amendments are not shown.

1.

AIFMs shall apply policies and procedures for preventing malpractices, including those that might reasonably be expected to affect adversely the stability and integrity of the market.

2.

AIFMs shall ensure that the AIFs they manage or the investors in these AIFs are not charged undue costs.