Regulatory AlertsGuide on Employee Savings Funds
The French Autorité des Marchés Financiers (AMF) issued this guide to clarify the implementation of capital increases via relay funds and address specific operational requirements for employee savings funds investing in non-listed shares and leveraged structures. The document details liquidity mechanisms, share valuation methods, shareholder agreements, and the necessary diligence procedures when establishing a report of non-compliance. It serves as a regulatory reference for managing these specialized investment vehicles under French labor and financial codes.
Share