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Article L214-3 of the French Monetary and Financial Code

The incorporation, conversion or liquidation of a UCITS or a UCITS subfund is subject to authorisation by the Autorité des marchés financiers.

The AMF may withdraw its authorisation from any UCITS or UCITS subfund.

Original in French 🇫🇷
Article L214-3

La constitution, la transformation ou la liquidation d’un OPCVM ou d’un compartiment d’OPCVM sont soumises à l’agrément de l’Autorité des marchés financiers.

L’Autorité des marchés financiers peut retirer son agrément à tout OPCVM ou compartiment d’OPCVM.

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