Template:AIFMD 21(8): Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
{{aifmdprov| | {{aifmdprov|21(8)}}. The assets of the [[AIF]] or the [[AIFM]] acting on behalf of the [[AIF]] shall be entrusted to the {{tag|depositary}} for safe-keeping, as follows: <br> | ||
(a) for financial instruments that can be held in {{tag|custody}}: <br> | (a) for financial instruments that can be held in {{tag|custody}}: <br> | ||
:(i) the {{tag|depositary}} shall hold in custody all financial instruments that can be registered in a financial instruments account opened in the depositary’s books and all financial instruments that can be physically delivered to the depositary; <br> | :(i) the {{tag|depositary}} shall hold in custody all financial instruments that can be registered in a financial instruments account opened in the depositary’s books and all financial instruments that can be physically delivered to the depositary; <br> | ||