Private Placements in France: Legal Update of Definition of Qualified InvestorA recent French decree has modified the definition of “qualified investor,” thus widening the private placement exception for securities other than shares or units in undertakings for collective investment in transferable securities (UCITS). The decree also relaxes the rules on the conduct of financial promotion of all types of securities, including shares or units in UCITS.

Related News & Insights

Resources relating to Private Placements in France: Legal Update of Definition of Qualified InvestorA recent French decree has modified the definition of “qualified investor,” thus widening the private placement exception for securities other than shares or units in undertakings for collective investment in transferable securities (UCITS). The decree also relaxes the rules on the conduct of financial promotion of all types of securities, including shares or units in UCITS.