This requirement ensues from Section 9(8) of the AIFM Directive and has been implemented in the Netherlands through Section 63b of the Decree on Prudential Rules for Financial Undertakings (Besluit prudentiële regels).
Liquidity for alternative investment funds
- Relevant for:
- 20 august 2013
Alternative investment funds (AIFs) or managers of an AIF must hold their required own funds and eligible own funds in liquid assets or other assets that can easily be converted and these must not be used to take up speculative positions.
- Laws and EU Directives
- Base law