Regulatory AlertsDOC-2016-02 Organisation of Portfolio Management Companies for Managing AIFs Granting Loans
The French Autorité des Marchés Financiers (AMF) issued Instruction DOC-2016-02 to define the organizational requirements for portfolio management companies managing Alternative Investment Funds (AIFs) that grant loans. The instruction establishes the conditions for obtaining or extending authorization and mandates specific quarterly reporting to both the AMF and the Banque de France. This updated version also extends these organizational and reporting obligations to securitization special purpose entities (SSPEs) and specialized financing vehicles (SFVs).
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