AMF issued instruction relating to investment in certain real estate, forestry funds.
- Finalized legal regime for the public offering of forest investment groupings (GFI).
- And replaced, consolidated DOC-2002-01 on forestry investment companies (SEF) and instruction DOC-2003-03, relating to real estate investment companies (SCPI).
- Made adjustments to SCPIs, SEFs regime to take into account AIFMD, PRIIP KID.
- To adjust fund management fees provisions, and formalize existing AMF practices.
- Also issued revised AMF Position - Recommendation DOC-2011-25 A guide to the monitoring of collective investment undertakings to add section on SCPI, SEF, GFI.
- To add a new position relating to the capital increases of SCPI, SEF, GFI vehicles.