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Template:Nutshell AIFMD DR89: Difference between revisions
Template:Nutshell AIFMD DR89 (view source)
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:(e) assess and monitor all risks throughout the custody chain and inform the {{aifmdprov|AIFM}} of material ones; | :(e) assess and monitor all risks throughout the custody chain and inform the {{aifmdprov|AIFM}} of material ones; | ||
:(f) minimise the risk of loss of or diminution to {{aifmdprov|financial instrument}}s through fraud or negligence; | :(f) minimise the risk of loss of or diminution to {{aifmdprov|financial instrument}}s through fraud or negligence; | ||
:(g) verify the {{aifmdprov| | :(g) verify the {{aifmdprov|AIF}}’s ownership right over the assets. | ||
{{aifmdprov|DR89(2)}}. A {{aifmdprov|depositary}} who delegates custody functions under Art. {{aifmdprov|21(11)}} of {{t|AIFMD}} is still subject to {{aifmdprov|DR89(1)}}(b) to (e) and must ensure that the third party complies with Art. {{aifmdprov|DR89(1)}}(b) to (g) and the segregation obligations in Art. {{aifmdprov|DR99}}. | {{aifmdprov|DR89(2)}}. A {{aifmdprov|depositary}} who delegates custody functions under Art. {{aifmdprov|21(11)}} of {{t|AIFMD}} is still subject to {{aifmdprov|DR89(1)}}(b) to (e) and must ensure that the third party complies with Art. {{aifmdprov|DR89(1)}}(b) to (g) and the segregation obligations in Art. {{aifmdprov|DR99}}. | ||