Template:Nutshell AIFMD 21(10): Difference between revisions

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{{aifmdprov|21(10)}} '''Standard of Conduct''': Depositary must act honestly, fairly, professionally, independently and in the interest of the [[AIF]] and its  investors and avoid conflicts of interest. The depositary cannot reuse assets of the [[AIF]] without the [[AIF]]'s prior consent; <br>
{{aifmdprov|21(10)}} '''Standard of Conduct''': {{aifmdprov|Depositary} must act honestly, fairly, professionally, independently and in the interest of the {{aifmdprov|AIF}} and its  investors and avoid [[conflict of interest|conflicts of interest]]. The {aifmdprov|Depositary}} cannot [[reuse]] the {{aifmdprov|AIF}}’s assets without its [[prior consent]]; <br>