Template:Nutshell AIFMD 21(4): Difference between revisions
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Amwelladmin (talk | contribs) m Amwelladmin moved page Template:Nutshell AIFMD 21.4 to Template:Nutshell AIFMD 21(4) |
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{{aifmdprov|21(4)}}: '''Conflict management''': To avoid conflicts between [[AIFM]], [[AIF]] and investors: <br> | {{aifmdprov|21(4)}}: '''Conflict management''': To avoid conflicts between [[AIFM]], [[AIF]] and investors: <br> | ||
:(a) | :(a) [[AIFM]] can't be a depositary <br> | ||
:(b) a Prime Broker to an [[AIF]] can't be a depositary unless appropriate Chinese walls and conflict management processes are in place; however it may delegate of custody tasks as per {{aifmdprov|21(11)}} (and {{aifmdprov|21(8)}}; <br> | :(b) a Prime Broker to an [[AIF]] can't be a depositary unless appropriate Chinese walls and conflict management processes are in place; however it may delegate of custody tasks as per {{aifmdprov|21(11)}} (and {{aifmdprov|21(8)}}; <br> | ||