Non-EU AIF - AIFMD Provision: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
No edit summary
 
(One intermediate revision by the same user not shown)
Line 1: Line 1:
{{a|aifmd|}}{{aifmdprov|Non-EU AIF}}s marketed by an {{aifmdprov|EU AIFM}} to {{tag|EU}} investors through [[private placement]] — are subject to a diluted version of {{t|AIFMD}} under which, for example, they don't need to appoint a {{aifmdprov|depositary}}, though they do need folks to carry out some of the {{aifmdprov|depositary}}’s basic functions (cashflow monitoring, [[custody]] and [[subscription]]s and [[redemption]]s).
{{a|aifmd|}}{{aifmdprov|Non-EU AIF}}s marketed by an {{aifmdprov|EU AIFM}} to [[EU]] investors through [[private placement]] — are subject to a diluted version of [[AIFMD]] under which, for example, they don't need to appoint a {{aifmdprov|depositary}}, though they do need folks to carry out some of the {{aifmdprov|depositary}}’s basic functions (cashflow monitoring, [[custody]] and [[subscription]]s and [[redemption]]s).


More — much more — at our [[depo-lite]] page.
More — much more — at our [[depo-lite]] page.

Latest revision as of 13:30, 14 August 2024

AIFMD Anatomy™
Directive 2011/61/EU (EUR Lex) | Implementing regulation 231/2013 (EUR Lex)
Navigation
directive - 21 (depositary) | 21(4) (conflict management) | 21(8) (custody function) | 21(11) (custody delegation) | 21(12) (liability for loss of assets) | 21(13) (discharge of liability on delegation) | 21(14) (discharge of liability for Non-EU subcustodians) | 36 (depo-lite) | 36(1)
implementing regulation DR20 (Due diligence when appointing counterparties and prime brokers) | DR76 (objective reason) | DR89 (Safekeeping duties with regard to assets held in custody) | DR91 (reporting obligations for prime brokers) | DR98 (due diligence) | DR99 (segregation obligation) | DR100 (Loss of custody asset) |
Tell me more
Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

Non-EU AIFs marketed by an EU AIFM to EU investors through private placement — are subject to a diluted version of AIFMD under which, for example, they don't need to appoint a depositary, though they do need folks to carry out some of the depositary’s basic functions (cashflow monitoring, custody and subscriptions and redemptions).

More — much more — at our depo-lite page.

See also