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III - Providers
III. 1 - Investment services providers
III. 1.3. Rules of conduct
  • Applicable from 20 December 2016
  • Position DOC-2013-11

Remuneration policies for alternative investment fund managers



The AMF is applying ESMA guidelines on remuneration policies for alternative investment fund managers (ESMA/2013/232). The AMF is incorporating these guidelines into a position that makes certain clarifications to prevent poorly designed remuneration structures from adversely affecting risk management and control. Some of the provisions apply in a manner appropriate to the fund manager’s size and organisation, as well as to the nature, scope and complexity of the fund manager’s business.

Reference texts