General responsibilities of depositary - AIFMD Provision: Difference between revisions

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{{aifmdp|21(7)}}
{{aifmdanat|21(7)|}}One of the core functions of the {{aifmdprov|depositary}}, also required to be carried by a {{aifmdprov|depositary lite}}.  Detail point: an entity described in Article 18(1) of the [[MiFID Implementing Directive]] is basically a properly regulated [[bank]] or [[credit institution]].