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Article D214-32-4-2 of the French Monetary and Financial Code

Pursuant to Article L. 214-24-7, the appointment of a depositary established in a third country is subject to : 1° The existence of arrangements for cooperation and exchange of information between the competent authorities of the Member States in which the units or shares of the third-country AIF are to be marketed, the competent authorities of the home Member State of the management company and the competent authorities of the…

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Article D214-32-5 of the French Monetary and Financial Code

The AIF’s annual report is published no later than six months after the end of the financial year. However, when the AIF publishes an annual financial report in accordance with I of article L. 451-1-2, this report is published no later than four months after the end of the financial year.

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Article D214-32-7 of the French Monetary and Financial Code

For the purpose of calculating the percentage of voting rights held by the AIF, account is taken, in addition to the voting rights held directly by the AIF, of the voting rights of an undertaking which it controls or those of a natural person or legal entity acting in its own name but on behalf of the AIF or on behalf of an undertaking which the AIF controls. The percentage…

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Article D214-32-7-1 of the French Monetary and Financial Code

The AIF or its management company shall notify the acquisition of control to : 1° the company concerned ; 2° To the shareholders of the company concerned whose identity and contact details are made available to the FIA or its management company, or may be communicated to it by the company concerned itself, or appear in a register to which the FIA or its management company may have access; 3°…

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Article D214-32-7-2 of the French Monetary and Financial Code

The notification referred to in Article D. 214-32-7-1 shall contain the following information: 1° The consequences of the transaction on voting rights ; 2° The terms of the acquisition of control, in particular information on the identity of the various shareholders involved, any natural or legal person authorised to exercise voting rights on their behalf and, where applicable, all companies through which voting rights are effectively held; 3° The date…

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Article D214-32-7-3 of the French Monetary and Financial Code

In its notification to the company concerned, the AIF or its management company shall ask the board of directors of the company concerned or its equivalent to inform the employees’ representatives or, failing that, the employees themselves, without delay, of the acquisition of control by the AIF and of the information mentioned in Article D. 214-32-7-2. The AIF or its management company shall ensure that this is the case.

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Article D214-32-7-5 of the French Monetary and Financial Code

The AIF or its management company shall send the information mentioned in Article D. 214-32-7-6: 1° To the company concerned ; 2° To the shareholders of the company concerned whose identity and contact details are made available to the AIF or its management company, or may be communicated to it by the company concerned itself, or appear in a register to which the AIF or its management company may have…

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