Article 320-17 into force since
- Version into force since
The asset management company shall appoint a member of management to be responsible for implementing the anti-money laundering and terrorist financing system stipulated in Article L. 561-32 of the Monetary and Financial Code. Where appropriate, such a person shall also be appointed at the level of the group defined in Article L. 561-33 of the Monetary and Financial Code.
This manager may delegate some or all of the implementation under the following conditions:
the empowered person must have the necessary authority, resources and skills, and access to all relevant information;
the empowered person must not be involved in the execution of the services and activities under supervision.
The manager shall remain responsible for the delegated activities.
Head of publications: The Executive Director of AMF Communication Directorate. Contact: Communication Directorate – Autorité des marches financiers 17 place de la Bourse – 75082 Paris cedex 02