82,882
edits
Template:Nutshell AIFMD 36: Difference between revisions
no edit summary
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 3: | Line 3: | ||
::(i) '''Cashflows''': monitor cashflows (art. {{aifmdprov|21(7)}}), | ::(i) '''Cashflows''': monitor cashflows (art. {{aifmdprov|21(7)}}), | ||
::(ii) '''Custody''': hold assets in custody (art. {{aifmdprov|21(8)}}), and | ::(ii) '''Custody''': hold assets in custody (art. {{aifmdprov|21(8)}}), and | ||
::(iii) '''Subscriptions and redemptions''': issue and cancel units and calculate NAV (art. {{aifmdprov|21(9)}}) | ::(iii) '''Subscriptions and redemptions''': issue and cancel units and calculate [[NAV]] (art. {{aifmdprov|21(9)}}) | ||
:and the [[AIFM]] may not do this itself. It must tell the regulator who it has appointed. <br> | :and the [[AIFM]] may not do this itself. It must tell the regulator who it has appointed. <br> | ||
:(b) '''Regulatory cooperation''': there must be suitable arrangements between regulators in the {{aifmdprov|AIFM}}’s member state and the AIF's home regulator to exchange information and cooperate to monitor systemic risks;<br> | :(b) '''Regulatory cooperation''': there must be suitable arrangements between regulators in the {{aifmdprov|AIFM}}’s member state and the AIF's home regulator to exchange information and cooperate to monitor systemic risks;<br> | ||