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Depositary - AIFMD Provision: Difference between revisions
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That, in a {{nutshell}}, provides: | That, in a {{nutshell}}, provides: | ||
{{Quote|{{aifmdprov|21}}: {{aifmdprov|Depositary}} | {{Quote| | ||
==={{aifmdprov|21}}: {{aifmdprov|Depositary}}=== | |||
(1) '''Single depositary per [[AIF]]''': [[AIFM]] must ensure each [[AIF]] has a single Depositary.<br> | (1) '''Single depositary per [[AIF]]''': [[AIFM]] must ensure each [[AIF]] has a single Depositary.<br> | ||
(2) '''Written contract''': Appointed by written contract meeting certain minimum criteria of {{tag|AIFMD}}. <br> | (2) '''Written contract''': Appointed by written contract meeting certain minimum criteria of {{tag|AIFMD}}. <br> | ||