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Template:Nutshell AIFMD 21(11): Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{aifmdprov|21(11)}}. The {{aifmdprov|depositary}} may delegate its custody functions described in paragraph {{aifmdprov|21(8)}} (but not its other functions), on the followin...") |
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:(a) it shouldn’t be trying to avoiding its obligations under AIFMD; | :(a) it shouldn’t be trying to avoiding its obligations under AIFMD; | ||
:(b) it must have an objective reason for doing so; | :(b) it must have an {{aifmdprov|objective reason}} for doing so; | ||
:(c) it must have carried out due diligence on the {{aifmdprov|third party}} to whom delegates, and must continuously monitor that {{aifmdprov|third party}}’s performance; | :(c) it must have carried out due diligence on the {{aifmdprov|third party}} to whom delegates, and must continuously monitor that {{aifmdprov|third party}}’s performance; | ||
:(d) it must ensure the {{aifmdprov|third party}} meets the following conditions: | :(d) it must ensure the {{aifmdprov|third party}} meets the following conditions: | ||