Depositary

Since the introduction of the Alternative Investment Fund Managers Directive (AIFMD) in July 2013, alternative investment managers have been subject to a more stringent regulatory regime, designed to enhance investor protection.​​

If your fund operates under AIFMD, you need an independent depositary to oversee your fund’s activities. At Vistra, we're a leading service provider in terms of assets under administration (AUA) – so you know your fund is in safe, experienced hands. And with a dedicated team of senior lawyers and accounting officers, we ensure your fund is fully compliant with its depositary duties under AIFMD.​

Our depositary services operate in three jurisdictions: the Netherlands, Luxembourg and the UK. As depositary, we monitor your assets according to local laws and integrate the depositary function with the rest of your global fund administration.​

All our offices in the UK, Luxembourg and the Netherlands have depositary licences.

We've developed a unique operating model to give you an insight of how we operate as a fund depositary under the AIFMD. In five activities we take care of all steps necessary to be AIFMD compliant: onboarding, monitoring cash flows, ownership verification and record keeping and oversight duties.