Monitoring of storage chains and storage risks concerning Bafin newsletter (6/2010) – AIFMD

The application must have functions that meet the listed regulatory requirements in accordance with the BaFin custodian bank circular (6/2010) and AIFMD. These include: monitoring, display and communication of storage and market risks and selection criteria for the capital investment companies; monitoring and display of storage chains; provision, checking and monitoring of the necessary required documents (3-point declaration, legal opinion, etc.); checking of (sub-)storage network to avoid conflicts of interest and to check for and avoid potential storage risks; entry, evaluation and verification of due-diligence checks of the storage network.