Article 422-163 into force since
- Version into force since
The asset management company shall value the assets specified in I (1)-(3) of Article L. 214-36 of the Monetary and Financial Code on each day on which the net asset value is determined.
This valuation shall be on a market value basis.
The asset management company shall implement controllable, formal procedures that supply proof of how the value established has been arrived at.
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