Results for administrationsfunktionen translation from Danish to English

direktivet om investeringsinstitutter indeholder ingen bestemmelser, der dækker de interessekonflikter, der kan opstå, når administrationsfunktionen og depositarfunktionen delegeres til en og samme tredjepart.
the ucits directive contains no rule to cover the conflicts of interest that may arise in case the management function and the depositary functions are delegated to one and the same third party.

den nye lovgivning forhindrer, at mere endén fond kan udøve fælles kontrol over banker, ogindebærer strengere regler for uforenelighed mellem administrationsfunktioner. dermed er fondene udelukket fra at lave bankforretninger (gennem kontrollerede banker).
the new legislation preventsjoint control of banking institutions by more thanone foundation and introduces stricter rules onincompatibility between managing positions.this rules out the exercise of banking activity bythe foundations (through controlled banks).