The custodian bank is obliged to examine whether the fund assets are being utilised (investment decisions made in the course of administrating the fund) in compliance with applicable law and the principles of the fund contract.
German: Depotbankkontrolle (249)
Source: SFO D15 2010 m. e. E., 24.04.2010
Leave a ReplyWant to join the discussion?
Feel free to contribute!