Objective reason - UCITS V Provision: Difference between revisions

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(Created page with "As at the beginning of February 2015, there was not much guidance on what an "objective reason" is for the purposes of the criteria set out in UCITS V Article 22a for the dele...")
 
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As at the beginning of February 2015, there was not much guidance on what an "objective reason" is for the purposes of the criteria set out in UCITS V Article 22a for the delegation by a depositary of the safekeeping function to a third party.
As at the beginning of February 2015, there was not much guidance on what an "{{ucitsprov|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.


But look at the equivalent {{aifmdprov|objective reason}} provision in {{tag|AIFMD}}:  
But look at the equivalent {{aifmdprov|objective reason}} provision in the implementing regulations for {{tag|AIFMD}}:  
 
{{aifmdsnap|DR76}}


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