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- GR into force since 30/06/2026
- Article 423-14-1
General regulation of the AMF
Article 423-14-1 into force since
- Version into force since
ELI : /en/eli/fr/aai/amf/rg/article/423-14-1/20251227/notes
Article 423-14-1
The units or shares of professional real estate collective investment undertakings may be differentiated in accordance with the provisions of the final paragraph of Article L. 214-61-1 of the Monetary and Financial Code, provided that this differentiation does not result in the scheme being classified as a securitisation transaction within the meaning of Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation, and amending Directives 2009/65/EC, 2009/138/EC and 2011/61/EU and Regulations (EC) No 1060/2009 and (EU) No 648/2012.
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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
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