+Article 8 8.

Article 8 8.

An AIFM shall net positions in any of the following cases:

(a) 

between derivative instruments, provided they refer to the same underlying asset, even if the maturity date of the derivative instruments is different;

(b) 

between a derivative instrument whose underlying asset is a transferable security, money market instrument or units in a collective investment undertaking as referred to in points 1 to 3 of Section C of Annex I to Directive 2004/39/EC, and that same corresponding underlying asset.

1. Overview

,
Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement