Updated 10/12/2025
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Article 21 - Delegated Regulation 2025/1143

Article 21

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.