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 | {{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> | ||
Latest revision as of 11:04, 6 December 2018
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 the AIF’s assets without its prior consent;