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

Template:Nutshell AIFMD 21(10) (view source)

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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>