Template:AIFMD DR91(3)

DR91(3). The items referred to in point (a) of paragraph DR91(1) shall include:

(a) the total value of assets held by the prime broker for the AIF, where safe-keeping functions are delegated in accordance with Article 21(11) of Directive 2011/61/EU (EUR Lex).

(aa) The value of each of the following:

(i) cash loans made to the AIF and accrued interest;

(ii) securities owed by the AIF under open short positions;

(iii) futures settlement amounts owed by the AIF;

(iv) cash proceeds of short sales held by the prime broker;

(v) cash margin the prime broker holds for the AIF’s open futures contracts; This obligation is in addition to the obligations under Articles DR87 and DR88;

(vi) mark-to-market close-out exposures of the AIF’s OTC transactions;

(vii) the AIF’s total secured obligations to the prime broker; and

(viii) all the AIF’s other assets with the prime broker;

(b) the value of other assets referred to in Article 21(8)(b) that the prime broker holds as collateral for secured transactions entered into under the prime brokerage agreement;

(c) the value of the assets the prime broker has rehypothecated;

(d) a list of all the institutions where the prime broker holds the AIF’s cash in the AIF’s or AIFM’s name per Article 21(7).