French Monetary and Financial CodeIn force
Sub-paragraph 4: Operating rules
Article L214-24-48
…l-purpose investment fund or a sub-fund is subject to approval by the Autorité des marchés financiers.
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Showing 521–530 of 61143 articles for “Art. s. L. 214-1 & L. 214-1-1”
…l-purpose investment fund or a sub-fund is subject to approval by the Autorité des marchés financiers.
…d may carry out temporary acquisitions and sales of financial instruments, as well as cash borrowings.
…placement shall determine the duration of the accounting periods, which may not exceed twelve months. However, the first financial year may extend over any period not exceeding eighteen months.Within…
…to relieve the statutory auditor of his duties in accordance with the procedures set out in Article L. 823-7 of the Commercial Code. The Autorité des marchés financiers may also report the infringemen…
…tment funds provide the Banque de France with the information required to compile monetary statistics.
The minimum amount of assets that the fund must hold when it is set up is set by decree.These assets are valued, in the light of a report drawn up by the auditor, under conditions set by decree. Any c…
…gement. This company may take legal action to defend or assert the rights or interests of unitholders.
…F or the master UCITS shall exchange the information necessary to fulfil their respective obligations.The General Regulation of the Autorité des marchés financiers shall specify the conditions of appl…
A SICAV may delegate the overall management of its portfolio to a portfolio management company. The initial capital of a SICAV making use of this option may not be less than an amount set by decree.
Unitholders are liable for the debts of the co-ownership only up to the amount of the fund's assets and in proportion to their share.
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