established
- (a) for AIFMs, 'having its registered office in';
- (b) for AIFs, 'being authorised or registered in' or, if the AIF is not authorised or registered, 'having its registered office in'; or
- (c) for depositaries of unauthorised funds only137, 'having its registered office or branch in'.
[Note: article 4(1)(j) of AIFMD]137
111(2) for a depositary of a UCITS scheme, 'having its registered office 137in’.