Template:Nutshell UCITS V 22(5)
22(5). The depositary must hold the UCITS’ assets in safekeeping as follows:
- (a) “custodiable” financial instruments:
- (i) hold in them custody (whether in registered form of physically delivered);
- (ii) register all registrable financial instruments in segregated accounts in the depositary’s books so it is clear they belong to the UCITS;
- (i) hold in them custody (whether in registered form of physically delivered);
- (b) other assets: