5.
Where no depositary is appointed for the safe-keeping of assets, IORPs shall, at least be required to: ensure that financial instruments are subject to due care and protection; keep records that enable the IORP to identify all assets at all times and without delay; take the necessary measures to avoid conflicts of interest in relation to the safe-keeping of assets; inform the competent authorities, upon request, about the manner in which assets are kept.
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Source: EUR-Lex (Cellar) · retrieved 2026-10-27 · Text as adopted (Official Journal); later amendments are not incorporated in this text.