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Article L532-29 of the French Monetary and Financial Code

A portfolio management company referred to in Article L. 532-9 may manage third-country AIFs that are not marketed in the European Union, provided that : 1° The portfolio management company meets all the requirements laid down in the legislative and regulatory provisions applicable to portfolio management companies managing AIFs, with the exception of the requirement laid down in Article L. 214-24-4; 2° Appropriate cooperation arrangements exist between the Autorité des…

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