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Article 321-11 into force since

  • Version into force since
ELI : /en/eli/fr/aai/amf/rg/article/321-11/20180103/notes

I. - The asset management company's own funds must be invested in liquid assets or assets that can easily be converted into cash in the short term and that do not include speculative positions.

II. - However, if own funds exceed 130% at least of the regulatory own funds mentioned in Article 321-10, the excess portion of this amount may be invested in assets that do not meet the requirements of l, provided that these assets do not create a material risk for the company's regulatory own funds.