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News releases AMF: 2018

AMF withdraws authorisation for portfolio management company Vendôme Capital Partners

Published on February 12, 2018

Considering the situation of the portfolio management company, the Board of the Autorité des Marchés Financiers (AMF) decided to withdraw its authorisation for Vendôme Capital Partners. This withdrawal will take effect on 27 April 2018.

The Board of the AMF, meeting on 23 January 2018, took note that the company no longer met the conditions of its autorisation. Pursuant to Article L. 532-10 of the French Monetary and Financial Code, the AMF Board decided to withdraw its authorisation for Vendôme Capital Partners as a portfolio management company. Its authorisation is withdrawn with due effect from 27 April 2018.

Until that date, the portfolio management company is placed under the control of Ms Claude Dupuy, who is appointed as representative by the AMF to ensure that the company may only carry out those transactions during this period that are strictly necessary to protect the interests of clients and unitholders in the investment funds managed by the said company.

 

About the AMF
The AMF is an independent public authority responsible for ensuring that savings invested in financial products are protected, that investors are provided with adequate information and [for] supervising the orderly operation of markets. Visit our website www.amf-france.org.

 

Press contact:
AMF Communication Directorate - Christèle Fradin - Tel: +33 (0)1 5345 6029 or +33 (0)1 5345 6028

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Legal information
Head of publications: Florence Gaubert, Executive Director of AMF Communication Directorate.
Contact: Communication Directorate – Autorité des marches financiers 17 place de la Bourse – 75082 Paris cedex 02