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Article L621-13 of the French Monetary and Financial Code

On a reasoned request from the Chairman or Secretary General of the Autorité des Marchés Financiers, the president of the court may order the sequestration, wherever held, of funds, securities or rights belonging to the persons accused by the Autorité des Marchés Financiers, as well as any assets held by an AIF. It shall rule by order upon request, and any interested party shall be required to refer the matter…

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Article L621-13-1 of the French Monetary and Financial Code

I. – The Autorité des marchés financiers may appoint a provisional administrator for a person referred to in Article L. 543-1, to whom all powers of administration, management and representation of the legal entity shall be transferred. The provisional administrator shall dispose of the movable and immovable property of the legal entity in the interests of proper administration. The administrator is appointed either at the request of the managers if…

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Article L621-13-2 of the French Monetary and Financial Code

The Autorité des marchés financiers may require the suspension, on a temporary basis, of the redemption of units or shares or the issue of new units or shares in an undertaking for collective investment when exceptional circumstances so require and if the interests of unitholders, shareholders or the public so dictate. It may also require an end to the capping or suspension of redemptions of units or shares, or temporarily…

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Article L621-13-3 of the French Monetary and Financial Code

The AMF may require the suspension, on a temporary basis, of the redemption of units or shares or the issue of new units or shares of an AIF when exceptional circumstances so require and if the interests of unitholders, shareholders or the public so dictate. It may also require an end to the capping or suspension of redemptions of units or shares of an AIF, and temporarily limit the use…

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Article L621-13-4 of the French Monetary and Financial Code

Where an AIF management company is unable to ensure compliance with the provisions of Subsection 1 of Section 2 of Chapter IV of Title I of Book II for which an AIF or another entity acting on its behalf is responsible, it shall immediately inform the Autorité des marchés financiers and, if necessary, the competent authorities of the European Union AIF or of a State party to the Agreement on…

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Article L621-13-5 of the French Monetary and Financial Code

I.-The Chairman of the Autorité des marchés financiers shall send a formal notice, by any means capable of establishing the date of receipt, to the following operators: 1° Operators and natural or legal persons offering online investment services that are not authorised pursuant to Article L. 532-1, that are not among the persons mentioned in Article L. 531-2 and that do not fall within the scope of Articles L. 532-16…

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Article L621-13-6 of the French Monetary and Financial Code

I.-The Chairman of the Autorité des marchés financiers or his appointed representative may require any person to take measures to reduce the size of his position or exposure in a financial instrument, in a unit referred to inArticle L. 229-7 of the Environment Code or in the assets referred to in II of Article L. 421-1. II-The Chairman of the Autorité des marchés financiers or the representative he appoints may…

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Article L621-13-7 of the French Monetary and Financial Code

I.-The Autorité des marchés financiers may suspend the marketing or sale of financial instruments, units mentioned in Article L. 229-7 of the Environment Code or assets mentioned in II of Article L. 421-1 when the conditions of Articles 42 of Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 are met. II.The AMF may suspend the marketing or sale of financial instruments, the…

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Article L621-13-8 of the French Monetary and Financial Code

The Chairman or Secretary General of the Autorité des marchés financiers may order the suspension or dismissal of a person referred to in Article L. 421-7, if that person no longer fulfils the conditions laid down in that Article for the exercise of the functions he holds, or to put an end to breaches by that person of the regulations applicable under conditions likely to undermine the proper operation of…

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