Objective reason - UCITS V Provision: Difference between revisions

Objective reason - UCITS V Provision (view source)

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-{{fullanat|aifmd|DR76|}}As at the beginning of February 2015, there was not much guidance on what an "{{ucitsvprov|objective reason}}" is for the purposes of the criteria set out in {{tag|UCITS V}} Article {{ucitsprov|22a}} for the delegation by a {{ucitsprov|depositary}} of the safekeeping function to a third party.
+{{fullanat|aifmd|DR76|}}As at the beginning of February 2015, there was not much guidance on what an "{{ucits5prov|objective reason}}" is for the purposes of the criteria set out in {{tag|UCITS V}} Article {{ucits5prov|22a}} for the delegation by a {{ucits5prov|depositary}} of the safekeeping function to a third party.
 But look at the equivalent {{aifmdprov|objective reason}} provision in the implementing regulations for {{tag|AIFMD}}.
+{{Aifmd DR delegation explanation}}