(1) A depositary may provide services to an investment fund that is not authorised by the Bank only if the depositary is satisfied that the prospectus issued by the investment fund does not imply, in any way, that the investment fund is regulated by the Bank.
(2) Where a depositary provides depositary services to an investment fund that is not authorised by the Bank, the depositary shall submit to the Bank, every three months, a return that sets out the following aggregate information for every investment fund that is not authorised by the Bank and to which the depositary provides services, within each base currency category:
(a) the domicile of each relevant investment fund;
(b) the number of investment funds;
(c) the number of unit-holders in each investment fund;
(d) the total net asset value of each investment fund / of all investment funds to which the depositary provides services.