(10)It is necessary, for the protection of investors, to guarantee the internal overview of every management company in particular by means of a two-person management system and by adequate internal control mechanisms.
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New version applies from 17/09/2014 — introduced by Undertakings for Collective Investment in Transferable Securities Directive.
147 provisions change.
Later versions: 01/01/2019, 07/01/2020, 26/06/2021, 02/08/2021, 01/01/2023, 09/01/2024, 17/01/2025, 16/04/2026.
Recital 10 changes in this version: compare with the current text.