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🔗 Back to Summary. 🇫🇷 French Version: 2010L0044_FR.15. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 14 – Choice of the applicable law ⬅️ | ➡️ Article 16 – Basis of investment and divestment by the feeder UCITS
Article 15 - Conflicts of interest
Member States shall ensure that the management company’s internal conduct of business rules referred to in the third subparagraph of Article 60(1) of Directive 2009/65/EC shall include appropriate measures to mitigate conflicts of interest that may arise between the feeder UCITS and the master UCITS, or between the feeder UCITS and other unit-holders of the master UCITS, to the extent that these are not sufficiently addressed by the measures applied by the management company in order to meet requirements of Articles 12(1)(b) and 14(1)(d) of Directive 2009/65/EC and Chapter III of Commission Directive 2010/43/EU of 1 July 2010 implementing Directive 2009/65/EC of the European Parliament and of the Council as regards organisational requirements, conflicts of interest, conduct of business, risk management and content of the agreement between a depositary and a management company.