Version date: 14 March 2018 - onwards
  Version 9 of 9    

i. Eligibility criteria

1. The depositary shall:

(a) have appropriate expertise and experience to carry out the functions as set out in this chapter, the AIFM Regulations and AIFMD Level 2;

(b) have sufficient resources to effectively conduct its business; and

(c) organise and control its internal affairs in a reasonable manner with proper records and adequate arrangements for ensuring that employees are suitable, adequately trained and properly supervised.