tailieunhanh - UCITS Fund Distribution 2012 PwC Ireland

The impact assessment concludes that the delegation of custody should be governed by rules on diligence in selecting an appointing a sub-custodian, and on the ongoing monitoring of the activities of the sub-custodian. For the rare case in which a UCITS' investment strategy would involve investing in financial instruments issued in countries that require mandatory local custody and where no custodian operates that could comply with the above delegation requirements and prudential standards, delegation should nevertheless be allowed so long as strict circumstances are fulfilled. . | assetmanagement UCITS Fund Distribution 2012 PwC Ireland pwc Table of Contents UCITS Global Distribution The KIID - Fund charges SRRI .17 Regulatory Taxation of Case Study - UCITS Fund Distribution 2012 PwC Page 3 of .

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