Avoiding conflicts of interest - AIFMD Provision: Difference between revisions

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===Paragraph 21.4, {{tag|AIFMD}}===
===Paragraph 21.4, {{tag|AIFMD}}===
{{aifmdquote|{{AIFMD 21.4}}|21.4}}
{{aifmdquote|{{AIFMD 21.4}}|21.4}}
{{comm}}
Distinguish between a full-blown {{aifmdprov|depositary}} under AIFMD and a {{aifmdprov|depositary lite}}. Most {{aifmdprov|prime brokers}} - especially those domiciled outside the [[EU]] - will be only depo-lites, to which this regime does not appear to apply.


{{anat|aifmd}}
{{anat|aifmd}}