Template:Nutshell AIFMD 21(7)

From The Jolly Contrarian
Revision as of 17:05, 2 November 2018 by Amwelladmin (talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

21(7) Depositary obligations re cash: The depositary must ensure that:

AIF’s cashflows are properly monitored; and
subscription payments are properly received and all cash booked in the depositary’s accounts at a suitable bank