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AMF Launches An Assessment Of Its Regulations On Alternative Multimanagement - Funds Of Alternative Funds

Date 06/04/2007

The French securities regulator, the Autorité des Marchés Financiers (AMF), plans to carry out regular expost assessments of its regulations, in accordance with the commitments made by its Board in November 2006 when presenting the results of its Better regulation project.

With this in mind, and working with all stakeholders in the French financial markets, the AMF is today initiating an assessment of its framework for regulating alternative multimanagement or funds of alternative funds, introduced in April 2003.

This assessment is designed to support various international initiatives undertaken recently in this area by the Organization of International Securities Commissions (IOSCO), the European authorities and AMF's fellow regulators.

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