AIFMD Depositary: Developing an Operating Model
This whitepaper is co-authored by Shane Brett, Managing Director at Global Perspectives, an Asset Management and Hedge Fund consultancy and Alan Meaney, Director at Fund Recs, a specialist software provider to the Funds Industry.
During the past six months Shane and Alan have held discussions with 30+ depositary firms around their plans for implementing AIFMD and how their framework for day to day activities might look.
This document covers AIFMD from the perspective of a depositary and discusses some of the practicalities in setting up an operating model in order to comply with the directive on a day to day basis.
What you'll learn
- The difference between Full Depositary and Depositary 'Lite'.
- Each of the Directives requirements that apply to depositaries.
- The operational considerations a depositary must look at.