Info
🔗 Back to Summary. 🇫🇷 French Version: 2025R1143_FR.21. Back to Summary of LVL1. Direct link to EUR-LEX.
Article 20 – Information on internal controls ⬅️ | ➡️ Article 22 – Information on business operativity
References LVL1 <=> LVL2
Level 1 reference(s): 2014R0600_EN.27da > 2#d
Article 21 - Information on conflicts of interest
An applicant seeking authorisation to operate a CT pursuant to Article 27db of Regulation (EU) No 600/2014 shall include in its application for authorisation the information regarding its administrative arrangements designed to prevent conflicts of interest. Such arrangements shall include policies and procedures for identifying, managing and disclosing existing and potential conflicts of interest and shall contain:
(a)
an inventory of existing and potential conflicts of interest, setting out their description, identification, prevention, management and disclosure;
(b)
the separation of duties and business functions within the CTP, including:
(i)
measures to prevent or control the exchange of information where a risk of conflicts of interest may arise;
(ii)
the separate supervision of relevant persons whose main functions involve interests that are potentially in conflict with those of a client;
(c)
a description of the remuneration policy for the members of the management body and senior management;
(d)
the rules regarding the acceptance of money, gifts or favours by staff of the CTP and its management body.