Article 46 Liquidity management system and procedures
United Kingdom
AIFMs shall be able to demonstrate to the F1FCA that an appropriate liquidity management system and effective procedures referred to in F2rule 3.6.3 of the Investment Funds sourcebook are in place taking into account the investment strategy, the liquidity profile and the redemption policy of each AIF.
Annotations
Textual amendments
- F1
Word in Art. 46 substituted (31.12.2020) by The Alternative Investment Fund Managers (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/328), regs. 1(3), 27(2)(a) (as amended by S.I. 2019/325, regs. 1(3), 58); 2020 c. 1, Sch. 5 para. 1(1)
- F2
Words in Art. 46 substituted (31.12.2020) by The Alternative Investment Fund Managers (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/328), regs. 1(3), 27(2)(b) (as amended by S.I. 2019/325, regs. 1(3), 58); 2020 c. 1, Sch. 5 para. 1(1)