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Sub-paragraph 3: Closed-end funds governed by foreign law whose units or shares are traded on a financial instruments market

Article L214-138 of the French Monetary and Financial Code

When the units or shares of a closed-end investment fund established under foreign law are admitted to trading on a financial instruments market referred to in Article L. 421-1 or a multilateral trading facility referred to in Article L. 424-1, the units or shares of a closed-end investment fund established under foreign law are admitted to trading, the market undertaking or system operator shall verify that the fund is subject…

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