Template:Nutshell AIFMD 21(7): Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{aifmdprov|21(7)}}. The {{aifmdprov|depositary}} must:<br> *monitor the {{aifmdprov|AIF}}’s cashflows *ensure that: **all subscription payments have been received **all c...") |
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Revision as of 11:16, 7 July 2015
21(7). The depositary must:
- monitor the AIF’s cashflows
- ensure that:
- all subscription payments have been received
- all cash has been booked in cash accounts opened in the AIF's name (or the AIFM or depositary acting on behalf of the AIF at an approved credit institution.