Template:UCITS V 22a(4): Difference between revisions
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{{ucits5prov|22a(4) | {{ucits5prov|22a}}(4). For the purposes of this Article, the provision of services as specified by Directive {{eudirective|98|26|EC}} of the European Parliament and of the Council by securities settlement systems as designated for the purposes of that Directive or the provision of similar services by third-country securities settlement systems shall not be considered to be a delegation of custody functions. <br> | ||
Revision as of 15:51, 24 August 2017
22a(4). For the purposes of this Article, the provision of services as specified by Directive 98/26/EC (EUR Lex) of the European Parliament and of the Council by securities settlement systems as designated for the purposes of that Directive or the provision of similar services by third-country securities settlement systems shall not be considered to be a delegation of custody functions.