Article L214-24-61 of the French Monetary and Financial Code
The feeder general-purpose investment fund shall monitor the activity of the master AIF or UCITS. In order to fulfil this obligation, it may rely on the information and documents received from the master AIF or UCITS or, where applicable, from the management company, custodian and auditor of this AIF or UCITS, unless it has reason to doubt the accuracy of the information and documents provided. The General Regulation of the…