(12)In relation to the possibility to match transfer requests, as referred to in Article 19(2a) of Regulation (EU) 2015/760, that for the purposes of this Regulation should not be considered a multilateral system, and in relation to the possibility of redemptions during the life of the ELTIF referred to in Article 18(2) of Regulation (EU) 2015/760, it is necessary to specify certain requirements pertaining to the functioning of the matching of transfer requests.