The AMF amends reporting requirements on loans originated by AIFs

Published: 02 November 2023


On October 26, the Autorité des Marchés Financiers (AMF) – the French supervisory authority – published amendments to its General Regulation concerning disclosure requirements on loans originated by alternative investment funds (AIFs). The amendments expand reporting requirements applying to portfolio management companies overseeing lending AIFs and foreign investment management companies handling loan-granted AIFs in France.

The rules mandate the submission of quarterly reports to the AMF for all loans granted by AIFs, with these reports required until the debt is resolved. Additionally, companies overseeing French AIFs engaged in lending must provide quarterly reports to the AMF for any outstanding loans issued by FIAs. Furthermore, there are further obligations related to reporting to the central credit register of the Banque de France. The new reporting format becomes effective in November.

For further information please contact Nicholas Smith ([email protected])