Template:Nutshell AIFMD 21(4): Difference between revisions
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Amwelladmin (talk | contribs) Created page with "{{aifmdprov|21(4)}}: '''Conflict management''': To avoid conflicts between AIFM, AIF and investors: <br> :(a) {{tag|AIFM}} can't be a depositary <br> :(b) a Prime Brok..." |
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{{aifmdprov|21(4)}}: '''Conflict management''': To avoid conflicts between [[AIFM]], [[AIF]] and investors: <br> | {{aifmdprov|21(4)}}: '''Conflict management''': To avoid conflicts between [[AIFM]], [[AIF]] and investors: <br> | ||
:(a) | :(a) [[AIFM]] can't be a depositary <br> | ||
:(b) a Prime Broker to an [[AIF]] can't be a depositary unless appropriate Chinese walls and conflict management processes are in place; however it may delegate of custody tasks as per {{aifmdprov|21(11)}} (and {{aifmdprov|21(8)}}; <br> | :(b) a Prime Broker to an [[AIF]] can't be a depositary unless appropriate Chinese walls and conflict management processes are in place; however it may delegate of custody tasks as per {{aifmdprov|21(11)}} (and {{aifmdprov|21(8)}}; <br> | ||