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Book IV - Collective investment products
Title II - AIFS
Chapter I - General provisions
Section 1 - Procedure for marketing and pre-marketing of AIFs
Sub-section 1 - Marketing procedure in France
Paragraph 1 - Procedure for marketing AIFs with a passport to professional investors in France
Sub-paragraph 4 - Procedure for marketing third country AIFs managed by an AIF manager established in a third country
Article 421-12-1 from 21/12/2013

Article 421-12-1 into force since

  • Version into force since
ELI : /en/eli/fr/aai/amf/rg/article/421-12-1/20131221/notes

In the event of a material change to any of the particulars communicated in accordance with I of Article L. 214-24-1, the AIF manager shall give written notice of that change to the AMF at least one month before implementing the change, or immediately after an unplanned change has occurred.

If, pursuant to a planned change, the AIF manager's management of the units or shares of the AIF would no longer comply with the legislative and regulatory provisions applicable to asset management companies, the AMF shall inform the AIF manager without undue delay that it is not to implement the change.

If a planned change is implemented notwithstanding the first and second paragraphs, or if an unplanned change has taken place pursuant to which the AIF manager's management of the units or shares of the AIF no longer complies with the legislative and regulatory provisions applicable to asset management companies, the AMF shall take all due measures, including, if necessary, the express prohibition to market the AIF.