Autorité Des Marchés Financiers Updates Its Policies On Collective Investment Undertakings

As part of its Better Regulation programme, the Autorité des marchés financiers undertook to update and disseminate its policy on collective investment schemes (CIS) twice each year. The objective is to increase asset management companies’ awareness of sound practices relating to:

• the authorisation of CIS prospectuses,
• the monitoring conducted over the lifetime of CIS, and
• the analysis of advertising documents for financial products.

The AMF has updated the following three documents and posted them on the AMF website:

• A guide for drawing up CIS prospectuses
• A summary of the findings of the AMF’s review of CIS practices
• A guide to sound practices in drafting marketing documents