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Template:Nutshell AIFMD 21(11)(d): Difference between revisions
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Template:Nutshell AIFMD 21(11)(d) (view source)
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{{aifmdprov|21(d)}} the {{aifmdprov|depositary}} ensures that the {{aifmdprov|third party}} complies with the following when performing its delegated tasks: | {{aifmdprov|21(11)(d)}} the {{aifmdprov|depositary}} ensures that the {{aifmdprov|third party}} complies with the following when performing its delegated tasks: | ||
:(i) it has adequate structures and expertise proportionate to the nature and complexity of the assets of the {{aifmdprov|AIF}} entrusted to it; | :(i) it has adequate structures and expertise proportionate to the nature and complexity of the assets of the {{aifmdprov|AIF}} entrusted to it; | ||
:(ii) for custody tasks set out in paragraph {{aifmdprov|21(8)}}(a), it is subject to | :(ii) for custody tasks set out in paragraph {{aifmdprov|21(8)}}(a), it is subject to | ||