French Monetary and Financial CodeIn force
Sub-paragraph 2: Operating rules.
Article D214-32-13
The minimum amount of assets that mutual funds must hold when they are set up is €300,000.
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Showing 4771–4780 of 57785 articles for “Art. 1691 bis and Art. 1723 ter-00 B”
The minimum amount of assets that mutual funds must hold when they are set up is €300,000.
I. - A general purpose investment fund may not grant loans or act as guarantor on behalf of third parties. It may, however, acquire financial instruments referred to in article L. 214-24-55 which are…
…nto account the current value of the underlying assets, the counterparty risk, future market trends and the time available to liquidate positions.For feeder general-purpose investment funds, this calc…
…ssessment of the 50% quota set out in I of article L. 214-28 : 1° The numerator is made up of the subscription or acquisition price of the securities or rights in the portfolio and the book value of t…
During the pre-liquidation period, the fund : 1° May no longer arrange for new subscriptions of units other than those of its unitholders on the date of its entry into the pre-liquidation period in or…
The management company may not, on behalf of a fund, carry out any transactions other than forward or spot purchases or sales of its assets which are not traded on a financial instruments market withi…
The AIF or its management company shall provide the AMF and the AIF's unitholders or shareholders with information relating to the financing of the acquisition of the company concerned.
For the purposes of Article D. 214-32-7-14:1° The term "distribution" includes in particular the payment of dividends and interest on shares;2° The provisions relating to capital reductions do not app…
I. - A general purpose investment fund may not invest more than : 1° 5% of its assets in eligible financial securities or money market instruments issued by the same issuer ; 2° 20% of its assets in e…
…ral-purpose investment fund has acquired units or shares in a collective investment scheme governed by French law, a UCITS established under foreign law, an FIA established in another Member State of…
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