Depositary - AIFMD Provision: Difference between revisions
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This is the provision that requires [[AIFM]]s to appoint a single depositary for each [[AIF]] that they manage. Note the effect of {{aifmdprov|36(1)}} with respect to non-EU AIFs, and the provisions of {{aifmdprov|21(8)}} regarding safekeeping of assets. Note also the parallell concept of a depositary under UCITS V, and the handy [[Depositary comparison under AIFMD and UCITS|comparison]] between the two regimes. | ''See also {{aifmdprov|depositary lite}}''/ | ||
This is the provision that requires [[AIFM]]s to appoint a single depositary for each [[AIF]] that they manage. Note the effect of {{aifmdprov|36(1)}} with respect to non-EU AIFs, and the provisions of {{aifmdprov|21(8)}} regarding safekeeping of assets. Note also the parallell concept of a {{ucitsprov|depositary}} under UCITS V, and the handy [[Depositary comparison under AIFMD and UCITS|comparison]] between the two regimes. | |||
{{aifmdprov|21(4)}} - {{aifmdprov|avoiding conflicts of interest}} <br> | {{aifmdprov|21(4)}} - {{aifmdprov|avoiding conflicts of interest}} <br> | ||
Revision as of 13:05, 7 July 2015
See also depositary lite/
This is the provision that requires AIFMs to appoint a single depositary for each AIF that they manage. Note the effect of 36(1) with respect to non-EU AIFs, and the provisions of 21(8) regarding safekeeping of assets. Note also the parallell concept of a Template:Ucitsprov under UCITS V, and the handy comparison between the two regimes.
21(4) - avoiding conflicts of interest
21(5) - location of depositary
21(6) - conditions to appointment of depositary in a third country
21(7) - general responsibilities of depositary
That, in a Nutshell™, provides:
Depositary in a Nutshell™ (AIFMD edition)
Template:Nutshell AIFMD Depositary
AIFMD
This is an article about Alternative Investment Funds Management Directive (2011/61/EU (EUR Lex)) and the AIFMD Implementing Regulation 231/2013 (EUR Lex).
Navigation - directive 2011/61/EU (EUR Lex): 21 | 21(8) | 21(11) | 21(14) | 36 (depo-lite) | 36(1)
Navigation - implementing regulation 231/2013 (EUR Lex): DR76 (objective reason) | DR91 (reporting obligations for prime brokers)
AIFMD Anatomy
Anatomy™: AIFMD | CASS | COBS | Conference calls | Confis | CRR | CSA | EMIR | Equity Derivatives | FOA PCA | FUND | GMRA | GMSLA | ISDA | OSLA | PB | Swapclear | UCITS