A preliminary test verifies compliance with specific behavioural requirements, while a prudential test assesses the presence of adequate regulatory own funds and sufficient overall solvency. For the behavioural requirements, please refer to the website of the Authority for the Financial Markets (AFM).
Under or pursuant to the Wft, UCITS and AIFs and/or their respective managers and associated depositaries must meet prudential requirements with respect to:
- minimum regulatory own funds;
- liquidity management;
- reporting requirements
- systemic risk and leverage supervision;
- professional indemnity insurance;
- the AIF depositary;
- third-country policy.