22a(2) - UCITS V Provision: Difference between revisions

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{{ucits5anat|22a(2)}}The standard of care a depositary has before appointing subcontractors or delegates to carry out its functions. Prudence, in a nutshell.
{{ucits5anat|22a(2)}}The standard of care a [[depositary]] has before appointing subcontractors or delegates to carry out its functions. Prudence, in a nutshell. Note that this colours, to an extent, the discussion below, interesting though it otherwise is.
 
{{Subcustodian risk}}