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Showing 1150111510 of 12834 articles for Art. 1° et 2°

French Monetary and Financial CodeIn force
Sub-paragraph 1: Common provisions

Article L214-39

…e real estate investment may take out loans up to a limit of 40% of the value of the real estate assets mentioned in 1° to 3° and 5° of I of article L. 214-36.To determine this limit, account is taken…

AI translation · Updated 8 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 1: Company mutual funds

Article L214-165-1

I.-1° Company mutual funds which are not subject to the provisions of Book III of Part III of the Labour Code and more than one third of whose assets are made up of securities issued by a foreign comp…

AI translation · Updated 8 Nov 2023Open Article
French Monetary and Financial CodeIn force
Sub-paragraph 2: General rules governing general-purpose investment funds

Article L214-24-31

…and Title II of Book VIII of the French Commercial Code, the following provisions apply to SICAVs: 1° Shares must be fully paid up as soon as they are issued; 2° Any contribution in kind is assessed…

AI translation · Updated 8 Nov 2023Open Article
French Monetary and Financial CodeIn force
Sub-paragraph 2: Procedure for marketing AIFs in an EU Member State other than France

Article L214-24-2

I. - Any French portfolio management company or any asset manager established in a third country whose reference Member State is France, which proposes to market, with a passport, to professional clie…

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French Monetary and Financial CodeIn force
Section 2: FIA

Article L214-24

…Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011, known as "AIFs": 1° Raise capital from a number of investors with a view to investing it, in the interests of these i…

AI translation · Updated 8 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 5: Shareholding and control

Article L214-24-21

…applies, subject to the conditions laid down in Article 6 of Directive 2002/14/EC of 11 March 2002:1° To one or more AIFs managed by the same management company which, either separately or jointly pu…

AI translation · Updated 8 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 2: Custodian

Article L214-24-6

To avoid conflicts of interest between the depositary, the management company, the AIF and its unit-holders or shareholders:1° The AIF or its management company does not act as depositary ;2° A princi…

AI translation · Updated 8 Nov 2023Open Article
French Monetary and Financial CodeIn force
Sub-paragraph 3: Innovation mutual funds

Article L214-30

I. - Innovation mutual funds are venture capital mutual funds at least 70% of whose assets consist of financial securities, limited liability company shares and current account advances, as defined in…

AI translation · Updated 8 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 3: Other provisions

Article L214-14

…erning the UCITS of which they have become aware in the course of their duties, which is likely to: 1° constitutes a breach of the legal or regulatory provisions applicable to this undertaking and is…

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French Monetary and Financial CodeIn force
Paragraph 2: Custodian

Article L214-24-8

…in the General Regulations of the Autorité des marchés financiers, the custodian shall ensure that :1° That all payments made by or on behalf of unitholders or shareholders when subscribing to AIF uni…

AI translation · Updated 8 Nov 2023Open Article
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