The asset management of an employee-share ownership open-ended investment company defined in article L. 214-166 is governed by the provisions applicable to the funds mentioned in article L. 214-165.
Notwithstanding article D. 214-32-10, the minimum initial capital of an employee-owned open-ended investment company is €225,000.
The regulations or articles of association of the financial institution define : 1° The nature of the risks to which the undertaking proposes to expose itself and : a) Where the undertaking proposes to acquire assets, the characteristics of those assets ; b) Where the undertaking proposes to enter into contracts constituting financial futures instruments for the purpose of exposure, the conditions under which such contracts are entered into and…
The assets of the securitisation undertaking may consist of : 1° For securitisation undertakings: a) Debt securities, whether governed by French or foreign law, under the conditions defined in article D. 214-219, liquid assets, under the conditions defined in article D. 214-232-4; b) Equity securities, in particular those received through the conversion, exchange or redemption of debt securities or securities giving access to the capital, or through the exercise of…
The receivables referred to in a of 1° and b of 2° of Article R. 214-218 eligible for inclusion in the assets of a financing institution are : 1° Receivables arising either from a transaction that has already taken place or from a transaction that is yet to take place, whether or not the amount and due date of these receivables have yet been determined and whether or not the…
The proceeds of units, shares and debt securities issued by the undertaking or of loans contracted by it may be used to repay or remunerate its units, shares, debt securities or loans.
Where the guarantees granted by a financial institution pursuant to III of article L. 214-169 are securities, the instrument establishing these securities shall define the nature of the assets or rights that the beneficiary of the securities may use or dispose of. Failing this, the beneficiary may only use or dispose of deposits or cash.
The financing body may borrow or have recourse to other forms of resources under the conditions set out in its regulations or articles of association.
The financing institution may enter into contracts constituting forward financial instruments referred to in III of Article L. 211-1 under the conditions laid down in its articles of association or its regulations.
The financing institution may carry out, within the limit of its assets, repurchase agreements or any other transaction involving the temporary purchase and sale of securities, subject to the following three conditions: 1° These transactions are carried out with a finance company, credit institution or insurance company whose registered office is located in a State party to the Agreement on the European Economic Area or a member of the Organisation…
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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