# 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 46: Liquidity management system and procedures

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

AIFMs shall be able to demonstrate to the FCA that an appropriate liquidity management system and effective procedures referred to in rule 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.

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Source: https://www.legislation.gov.uk/eur/2013/231/article/46 (the official version)
Page: https://openlegislation.uk/eu-regulation-2013-231/article-46
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.