EBU Single Rulebook Q&A 2 November 2023 2023_6925 Definition of default for open-end investment funds

Should an open-end investment fund be considered an obligor under Art. 178 (1) CRR, irrespective of whether it has legal personality under a Member States’ regulations on investment funds? An open-end investment fund, such as a common fund under Art. 3 para 3 of Directive 2009/65/EC or open-ended alternative investment funds under Art.