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+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
1.1 References1.2 Identified Requirements1.3 Related Standards2. Identified Requirements
3. Related Standards
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