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Article D214-0 of the French Monetary and Financial Code

The Autorité des marchés financiers will only grant the marketing authorisation referred to in Article L. 214-1-1 if the fund in question is subject to security and transparency rules equivalent to French rules and an instrument for the exchange of information and mutual assistance in the field of asset management on behalf of third parties has been set up between this authority and the fund’s supervisory authority.

Original in French 🇫🇷
Article D214-0
L’Autorité des marchés financiers ne délivre l’autorisation de commercialisation mentionnée à l’article L. 214-1-1 qu’à la condition que le fonds concerné soit soumis à des règles de sécurité et de transparence équivalentes aux règles françaises et qu’un instrument d’échange d’information et d’assistance mutuelle dans le domaine de la gestion d’actifs pour le compte de tiers ait été mis en place entre cette autorité et l’autorité de surveillance de ce fonds.

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