+Article 67 2.

Article 67 2.

The valuation policies shall set out the obligations, roles and responsibilities of all parties involved in the valuation process, including the senior management of the AIFM. The procedures shall reflect the organisational structure as set out in the valuation policies.

The valuation policies and procedures shall address at least the following:

(a) 

the competence and independence of personnel who are effectively carrying out the valuation of assets;

(b) 

the specific investment strategies of the AIF and the assets the AIF might invest in;

(c) 

the controls over the selection of valuation inputs, sources and methodologies;

(d) 

the escalation channels for resolving differences in values for assets;

(e) 

the valuation of any adjustments related to the size and liquidity of positions, or to changes in the market conditions, as appropriate;

(f) 

the appropriate time for closing the books for valuation purposes;

(g) 

the appropriate frequency for valuing assets.

1. Pregled

,

1.1 Sklici

1.2 Ugotovljene zahteve

1.3 Povezani standardi

2. Ugotovljene zahteve

Zahteve

3. Povezani standardi

Standardi