Investment Funds Update - Europe: Key legal and regulatory updates for the funds industry from the primary European asset management centres and fund domiciles: France: Financial Investment Advisors - AMF Declarations Clarified

On 26 January 2015, the AMF clarified both content and modalities of the reporting obligations by financial investment advisors associations, submitted on an annual basis. The updated instruction distinguishes two autonomous declarations : on the one hand, a first declaration is made from the associations of financial investment advisors, which includes a copy of the income statement of the last accounting period and the activities report of the priori civil year; on the other hand, the members submit to their associations own specific information, which is submitted by the association to the AMF.

The updated AMF instruction n°2013-07 can be found here (in French).

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