AMF consults on modification of Book III of its General Regulation transposing the AIFM Directive

12 June 2013

Continuing its transposition of the Alternative Investment Fund Managers Directive (AIFMD), AMF launched a public consultation on modifications to Book III of its General Regulation, on services providers. Responses to the consultation must be sent before 7 July, 2013.

The main modifications to Book III concern:

• the creation of Title 1a on AIF2 management companies compliant with the AIFM Directive;
• the procedure for fund manager resignations;
• the inclusion of the specific requirements concerning non-EU AIFMs;
• the delegation of AIFM functions;
• remuneration policies.

Full press release

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