Article 41 Amendment to Directive 2011/61/EU

Article 41

Article 17 of Directive 2011/61/EU is replaced by the following:

‘Article 17

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 ( *3 ), they shall, in the best interest of the investors in the relevant AIFs, act and take corrective action, if appropriate.