Regulatory AlertsDOC-2008-15 Alternative Multi-Management in France
The French Autorité des Marchés Financiers (AMF) issued Position DOC-2008-15 to clarify regulatory requirements for alternative multi-management in France, specifically addressing fund selection, allocation, risk management, investor information, and internal controls. The document explicitly notes that it has not been updated to reflect the transposition of MiFID II, which separated the legal regimes for investment firms and portfolio management companies. An update to align with these new texts is scheduled for the near future.
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