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Chapter III · OPERATING CONDITIONS FOR AIFMs  ›  Section 1 · General principles › Article 17

Duty to act in the best interests of the AIF or the investors in the AIF and the integrity of the market

1.   AIFMs shall apply policies and procedures for preventing malpractices, including those that might reasonably be expected to affect adversely the stability and integrity of the market.

2.   AIFMs shall ensure that the AIFs they manage or the investors in these AIFs are not charged undue costs.

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