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Amwelladmin (talk | contribs) (Created page with "Non-{{tag|EU}} AIFs marketed by an {{tag|EU}} AIFM to EU investors through private placement are subject to certain somewhat diminished depositary requirements (Ar...") |
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**Oversight (Article {{aifmdprov|21(9)}}) | **Oversight (Article {{aifmdprov|21(9)}}) | ||
*Unlike Article {{aifmdprov|21}} (which covers the full depositary obligations of an EU AIFM / EU AIF) there is no strict liability for loss of assets for a non-EU AIF, and no requirement to appoint a single depositary - therefore this regime is referred to as "Depositary-Lite" or "Depo-Lite". | *Unlike Article {{aifmdprov|21}} (which covers the full depositary obligations of an EU AIFM / EU AIF) there is no strict liability for loss of assets for a non-EU AIF, and no requirement to appoint a single depositary - therefore this regime is referred to as "Depositary-Lite" or "Depo-Lite". | ||
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