Remuneration policy for asset management companies: the AMF has created a form to help firms comply with UCITS V
In order to comply with UCITS V provisions regarding remuneration policy, asset management companies need to update their programme of activity. In addition to this change, companies are being asked to fill out a form describing the remuneration policies they have adopted. The form must be approved by the AMF by 31 March 2017.
Updated programme of activity
As indicated in the UCITS V guide published by the AMF, asset management companies are asked to compile a document updating their programme of activity in accordance with the terms of Instruction DOC-2008-03 on the Authorisation procedure for investment management companies, disclosure obligations and passporting. They must also fill out the “Change to investment management company details” form and send it to the AMF ("Form A1", which constitutes Annex 4 of Instruction DOC-2008-03).
In addition to Form A1, and to make it easier to provide information on updates to the remuneration policy, the AMF is providing a form that can be filled out and sent to the AMF at the same time as Form A1. To obtain the form, click the link at the bottom of the page.
Remuneration policy forms need to be approved by 31 March 2017
Asset management companies are asked to get in touch with their AMF contact person immediately to ensure that the AMF receives and can approve the remuneration policy updates no later than 31 March 2017.
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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