Financial instrument - AIFMD Provision

AIFMD Anatomy™ →Go uptown AIFMD, financial instrument “financial instrument” means an instrument as specified in Section C of Annex I to Directive 2004/39/EC (EUR Lex); (view template) Directive 2011/61/EU (EUR Lex) | Implementing regulation 231/2013 (EUR Lex) Navigation directive - 21 (depositary) | 21(4) (conflict management) | 21(8) (custody function) | 21(11) (custody delegation) | 21(12) (liability for loss of assets) | 21(13) (discharge of liability on delegation) | 21(14) (discharge of liability for Non-EU subcustodians) | 36 (depo-lite) | 36(1) implementing regulation DR20 (Due diligence when appointing counterparties and prime brokers) | DR76 (objective reason) | DR89 (Safekeeping duties with regard to assets held in custody) | DR91 (reporting obligations for prime brokers) | DR98 (due diligence) | DR99 (segregation obligation) | DR100 (Loss of custody asset) | Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

For those who have not got the serial numbers of EU directives yet encoded on their brains, 2004/36/EC (EUR Lex) is better known as MiFID I, which of course has been superseded now by MiFID II for most purposes (though the definition hasn’t materially changed).