Template:Nutshell AIFMD Depositary's obligations re safekeeping of assets

21(8): Depositary's obligations re safekeeping of assets: AIF's assets are entrusted to the depositary for safekeeping as follows:

(a) Custody Assets: Depositary should hold in custody all assets that can be registered in its books or physically delivered to it; within segregated accounts in its books opened in the name of the AIF or AIFM

(b) Non-custody assets: for non-custody assets there are some rules too.