The custody of the assets of a fund set up under Part II of the amended law of 17 December 2010 relating to undertakings for collective investment (a “UCI Part II Fund”) must be entrusted to a depositary, as stated by the legislator. The depositary shall be a credit institution within the meaning of the Law of 5 April 1993 on the financial sector, as amended.

References: Articles 88-3, 17(1), 33(1) of the amended law of 17 December 2010 relating to undertakings for collective investment; Management (UCI Part II Fund) October 17, 2020, Bertrand Mariaux.

Editor: Hannah Seulgee Jung

*Podcast #301:

*YouTube Video 290|: 

Bertrand Mariaux, Avocat à la Cour, LL.M. (hons.)

Prestation de serment (Swearing-in oath): Luxembourg (2011), Certificat d’Aptitude à la Profession d’Avocat, École de Formation professionnelle des Barreaux de la Cour d’appel de Paris (2009), Bond University (LL.M. (distinct.), International Legal Practice, 2010), Université Sorbonne Paris Nord & University of Limerick (Master in European & International Law - major in economics, 2008), certified Expert in Microfinance (Frankfurt School of Finance & Management, 2015), social entrepreneurship (University of Oxford, 2015 & The Wharton School of Social Policy & Practice, 2014) and social & solidarity economy (International Labour Organization Academy - Social & Solidarity Economy, Organisation Internationale du Travail - Économie Sociale et Solidaire, 2017)