14 November 2016

Depositary bank An ally for the investor

Cinco Días

Cinco Días mentions José Carlos Sánchez-Vizcaíno, head of the Cecabank Fund Depositary, with his article on the depositary bank as an ally for investors: "The depositary liability has increased».  He added "Now a quasi-strict liability has been implemented. In the event of loss of an asset under custody, the depositary shall, in general, be liable."

Read the full article here.

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