Regulatory AlertsDOC-2021-01 Performance Fees in UCITS and Certain Types of AIFs
The French Autorité des Marchés Financiers (AMF) issued Position DOC-2021-01 to integrate ESMA guidelines regarding performance fees in UCITS and certain AIFs. This regulatory doctrine aligns French supervisory practices with the European Securities and Markets Authority's standards to ensure consistent treatment of performance-based compensation. The document references specific articles of the Monetary and Financial Code and the AMF's General Regulation as its legal basis.
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