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Article L214-24-0 of the French Monetary and Financial Code

For the purposes of this paragraph, marketing means a direct or indirect offer or placement, at the initiative or on behalf of a French portfolio management company, a management company established in a Member State of the European Union or an asset manager established in a third country, of units or shares of an AIF that they manage, to investors domiciled or having their registered office in the European Union.

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Article L214-24-1 of the French Monetary and Financial Code

I. – Any French portfolio management company, any management company established in a Member State of the European Union or any asset manager established in a third country shall, prior to marketing in France units or shares of FIAs established in a Member State of the European Union or in a third country to professional clients, with or without a passport, send a notification to the Autorité des marchés financiers…

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Article L214-24-2 of the French Monetary and Financial Code

I. – Any French portfolio management company or any asset manager established in a third country whose reference Member State is France, which proposes to market, with a passport, to professional clients, units or shares of an AIF established in a Member State of the European Union or a third country, in a Member State of the European Union other than France, shall first send the Autorité des marchés financiers…

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Article L214-24-2-1 of the French Monetary and Financial Code

Any French portfolio management company may pre-market units or shares of a European Union AIF to professional clients in France or in another Member State of the European Union under conditions laid down by decree. The General Regulation of the Autorité des marchés financiers shall set out the procedures for notifying the Autorité des marchés financiers of pre-marketing activities. For the purposes of this article, pre-marketing is defined as the…

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