Sub-paragraph 3: Procedure for pre-marketing AIFs in France or in an EU Member State other than France (article L. 214-24-2-1)

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…