Safekeeping by depositary - UCITS V Provision: Difference between revisions

Safekeeping by depositary - UCITS V Provision (view source)

46 bytes added , 28 March 2019

no edit summary

82,891

edits

@@ Line 1: / Line 1: @@
-{{ucits5anat|22(5)|UCITS V}}{{ucits5anat|22a(3)|UCITS V}}Note the {{ucits5prov|depositary}} may delegate the safekeeping function to a third party {{ucits5prov|22a}} only in limited circumstances, one of which being that the delegate (for which read [[prime broker]]) cannot [[reuse]] the assets for its own account (though it can put them into an [[agent lending]] programme): See {{ucits5prov|22(7)}}.
+{{ucits5anat|22(5)|UCITS V}}Note the {{ucits5prov|depositary}} may delegate the safekeeping function to a third party {{ucits5prov|22a}} only in limited circumstances, one of which being that the delegate (for which read [[prime broker]]) cannot [[reuse]] the assets for its own account (though it can put them into an [[agent lending]] programme): See {{ucits5prov|22(7)}}.
 {{seealso}}
+*Article {{ucits5prov|22a(3)}} relating to [[depositary]] [[delegation]]
 *[[Rehypothecation]]
 *[[Agent lending]]