It is essential for depositary banks to demonstrate to their fund clients that they understand and monitor the processes and risks inherent in local capital market infrastructures. These conditions fundamentally shape the manner in which the underlying assets of funds are held, transferred and serviced.
The Asset Safety Assessment provides a comprehensive overview of the factors surrounding the protection of client assets in invested markets. The primary role of the report is to provide investors with an overall rating of each market based on information required to assess the relative risks of loss of assets within the context of both the Alternative Investment Fund Managers Directive and the UCITS V.
The assessments are split into three main areas; Country, Capital Market Infrastructure and Custodian and are rated on a scale of AAA to C.