Liability for loss of assets - AIFMD Provision: Difference between revisions
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{{aifmdanat|21(12)|}}'' | {{aifmdanat|21(12)|}}''See also Article {{aimfdprov|21(13)}} relating to discharge of liability for delegation. Also, compare with Art. {{ucits5prov|24}} of [[UCITS]]: the equivalent and even more restrictive provision.'' <br> | ||
A key part of the {{aifmdprov|depositary}}’s responsibility which it will be very keen to foist onto the [[prime broker]] who wishes to hold custody of the {{aifmdprov|AIF}}’s {{aifmdprov|financial instrument}}s. | A key part of the {{aifmdprov|depositary}}’s responsibility which it will be very keen to foist onto the [[prime broker]] who wishes to hold custody of the {{aifmdprov|AIF}}’s {{aifmdprov|financial instrument}}s. | ||