lexiara

4.

Text with EEA relevance.

The competent authority of the MMF shall refuse the application of the AIFM only in the event that any of the following applies: the AIFM does not comply with this Regulation; the AIFM does not comply with Directive 2011/61/EU; the AIFM is not authorised by its competent authority to manage MMFs; the AIFM has not provided the documentation referred to in paragraph 2. Before refusing an application, the competent authority of the MMF shall consult the competent authority of the AIFM.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-30 · Text as adopted (Official Journal); later amendments are not incorporated in this text.