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General responsibilities of depositary - AIFMD Provision: Difference between revisions
General responsibilities of depositary - AIFMD Provision (view source)
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One of the core functions of the {{aifmdprov|depositary}}, also required to be carried by a {{aifmdprov|depositary lite}}. | {{aifmdanat|21(7)|}}One of the core functions of the {{aifmdprov|depositary}}, also required to be carried by a {{aifmdprov|depositary lite}}. Detail point: an entity described in Article 18(1) of the [[MiFID Implementing Directive]] is basically a properly regulated [[bank]] or [[credit institution]]. | ||