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Delegation of safekeeping function by depositary - UCITS V Provision: Difference between revisions
Delegation of safekeeping function by depositary - UCITS V Provision (view source)
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{{ | {{ucits5anat|22a(3)}}The conditions on which a {{ucits5prov|depositary}} can [[delegate]] its cautody responsibilities to — oooh, I don’t know, a [[prime broker]] or something — Or a local custodian in a weird jurisdiction. See also Art {{ucits5prov|22(7)}} which says what that delegate can and cannot do with the assets. Spoiler: It can't [[rehypothecate]] them. | ||
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*Article: {{ucits5prov|22(5)}} | *Article: {{ucits5prov|22(5)}} | ||
*[[Depositary]] | |||
*[[Delegation]] | |||