A REQUIREMENT OF THE AIFM DIRECTIVE
Following the introduction of the AIFM Directive, the fund manager of certain funds is required to set up an independent depository service. It is assigned an active role in the process of securing the operation of the fund. The depository shall monitor and control the fund- and the fund manager’s activities to ensure compliance with legislation and shareholders’ agreements.
AIF Depository AS, a company in the Permian group, is approved by the Financial Supervisory Authority to supply depository services under the AIF-law.