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Article 321-18 into force since

  • Version into force since
ELI : /en/eli/fr/aai/amf/rg/article/321-18/20180103/notes

The AMF shall be notified of any transaction that enables a person acting alone or in concert with other persons, within the meaning of Article L. 233-10 of the Commercial Code, to acquire, increase or decrease or cease owning, directly or indirectly, a qualifying holding in an asset management company. The notice must be given to the AMF by the person or persons concerned before the transaction is executed, if one of the following conditions is met:

  1. The capital or voting rights held by the person(s) exceed or fall below one-tenth, one-fifth, one-third or one-half of the capital or voting rights;

  2. The asset management company becomes or stops being a subsidiary of the person(s) concerned;

  3. The person or persons gain or lose significant influence over the management of the management company as a result of the transaction.