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 4901–4910 of 69703 articles for “Art. I and II”
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…
The general-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 accoun…
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…
When a general-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 Membe…
After reporting to the Autorité des marchés financiers and to the tax department with which its management company files its income tax return, an innovation mutual fund may enter into a pre-liquidati…
The former SICAV, which retains the assets whose disposal would not be in the interests of the shareholders pursuant to Article L. 214-24-33, and the new SICAV have the same portfolio management compa…
I. - The eligible financial securities and money market instruments referred to in I of article L. 214-24-55 are :1° Either eligible financial securities and money market instruments admitted to tradi…
I. - The provisions of articles R. 214-32-18 to R. 214-32-21, R. 214-32-29, R. 214-32-32 to R. 214-32-36, R. 214-32-38 to R. 214-32-40 and R. 214-32-42 do not apply to innovation mutual funds.II. - Th…
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