French Monetary and Financial CodeIn force
Sub-paragraph 2: Operating rules.
Article D214-32-10
The initial capital of a SICAV may not be less than €300,000.
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Showing 4401–4410 of 57221 articles for “Art. CE 23 Dec 2013 n° 363702 and 363719”
The initial capital of a SICAV may not be less than €300,000.
…cash;3° They fulfil the criteria applicable to over-the-counter financial contracts mentioned in 2° and 3° of Article R. 214-32-22 ;4° The risks they entail are taken into account in an appropriate ma…
…of the last financial year, the net asset value as defined in the annual accounts of the company concerned is, or would become as a result of such a distribution, less than the amount of the subscribe…
The minimum amount of assets that mutual funds must hold when they are set up is €300,000.
…id up. II. - A general-purpose investment fund may, in order to achieve its management objective, receive or grant the guarantees mentioned in article L. 211-38, under the conditions defined in that s…
…al-purpose investment fund ensures that its overall risk relating to financial contracts does not exceed the total net value of its portfolio.The overall risk is calculated taking into account the cur…
…t 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 the other assets. The denomina…
…edeemable bonds, convertible bonds or profit-sharing securities, as well as in current account advances in companies which are not admitted to trading on a financial instruments market within the mean…
…taking controlled exclusively or jointly by the management company within the meaning of article L. 233-16 of the French Commercial Code, any undertaking controlling the management company exclusively…
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.
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