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Showing 351360 of 37405 articles for Art. L 214-24

French Monetary and Financial CodeIn force
Subsection 1: Approval

Article L214-3

The incorporation, conversion or liquidation of a UCITS or a UCITS subfund is subject to authorisation by the Autorité des marchés financiers. The AMF may withdraw its authorisation from any UCITS or…

AI translation · Updated 8 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 1: Provisions common to the UCITS, the portfolio management company and the depositary

Article L214-9

The UCITS, the depositary and the management company shall act honestly, fairly, professionally, independently and solely in the interests of the UCITS and its unit-holders or shareholders. They must…

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

Article L214-10

The SICAV or the UCITS management company shall ensure that a single depositary is appointed. In accordance with the conditions laid down in the general regulations of the Autorité des marchés financi…

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

Article L214-12

Without prejudice to the provisions of Title III of Book II of the French Commercial Code, the conditions of liquidation and the methods of asset distribution are determined by the UCITS rules or arti…

AI translation · Updated 8 Nov 2023Open Article
French Monetary and Financial CodeIn force
Subsection 7: Investor information

Article L214-23

I. - The SICAV and the management company, for each of the UCITS it manages, publish :1° A prospectus containing, in particular, the SICAV's articles of association or the fund rules ;2° An annual rep…

AI translation · Updated 8 Nov 2023Open Article
French Monetary and Financial CodeIn force
Subsection 4: Operating rules

Article L214-15

A merger, split or absorption involving a UCITS or a sub-fund is subject to approval by the Autorité des marchés financiers.

AI translation · Updated 8 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 2: Rules applicable to financial contracts, temporary acquisitions and sales of financial instruments and guarantees

Article L214-21

Under the conditions and within the limits laid down by decree of the Conseil d'Etat, a UCITS may make temporary purchases and sales of financial instruments and borrow cash.

AI translation · Updated 8 Nov 2023Open Article
French Monetary and Financial CodeIn force
Subsection 4: Operating rules

Article L214-19

UCITS must provide the Banque de France with the information required to compile monetary statistics.

AI translation · Updated 8 Nov 2023Open Article
French Monetary and Financial CodeIn force
Sub-paragraph 7: Investor information

Article L214-25

The Autorité des marchés financiers defines the conditions under which general-purpose investment funds must inform investors and may be advertised, in particular by audiovisual means, or canvassed.Th…

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

Article L214-14

Statutory auditors are required to report as soon as possible to the Autorité des marchés financiers any fact or decision concerning the UCITS of which they have become aware in the course of their du…

AI translation · Updated 8 Nov 2023Open Article
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