# Commission Delegated Regulation (EU) No 231/2013 of 19 December 2012 supplementing Directive 2011/61/EU of the European Parliament and of the Council with regard to exemptions, general operating conditions, depositaries, leverage, transparency and supervision (Text with EEA relevance), Article 32: Conflicts of interest related to the redemption of investments

Extent: E+W+S+N.I.

The AIFM that manages an open-ended AIF shall identify, manage and monitor conflicts of interest arising between investors wishing to redeem their investments and investors wishing to maintain their investments in the AIF, and any conflicts between the AIFM’s incentive to invest in illiquid assets and the AIF’s redemption policy in accordance with its obligations under rules 10.1.23 and 10.1.25 of the Senior Management Arrangements, Systems and Controls sourcebook.

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Source: https://www.legislation.gov.uk/eur/2013/231/article/32 (the official version)
Page: https://openlegislation.uk/eu-regulation-2013-231/article-32
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.