Article 321-51 into force since 03 January 2018

Where the organisational or administrative arrangements made by the asset management company for the management of conflicts of interest are not sufficient to ensure with reasonable confidence that the risk of damage to the interest of the UCITS or its unit holders or shareholders will be prevented, the senior management or other competent internal body of the asset management company shall be promptly informed in order for them to take any necessary decision to ensure that in any case the asset management company acts in the best interests of the UCITS and of its unit holders or shareholders.

Unit holders or shareholders in the UCITS shall be informed, using a durable medium, of the decision taken by the asset management company.