A Luxembourg-based Professional Depositary of Assets Other Than Financial Instruments (PDAOFI) recently approached us with a challenge. Their AIF client required an AIFMD-compliant custody solution after their existing custodian was unable to enter into a delegation of liability agreement for the fund’s financial instruments.
With a Master Delegation Agreement already in place, we were able to move quickly. An Accession Agreement between Liberum, the PDAOFI, and the client was executed efficiently, ensuring full AIFMD compliance while providing the fund with a global custody and market access solution to acquire, hold, and manage listed equities, bonds, and other financial instruments.
The account was opened within just five working days of the initial enquiry, reflecting our focus on speed, precision, and client service.
If you are facing AIFMD custody or delegation challenges, get in touch to discuss how we can support your requirements.