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AMF updates doctrine for depositaries of UCITS and AIFs

The Autorité des Marchés Financiers has updated its doctrine for depositaries of UCITS and AIFs, impacting asset management firms.

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The Autorité des Marchés Financiers (AMF) updated its doctrine applicable to depositaries of UCITS and AIFs on September 24, 2026. The updated doctrine outlines new expectations and requirements for compliance by these depositaries.

The AMF's update relies on its guidance for depositaries of UCITS and AIFs, which is detailed in the published documents.

The updated doctrine applies to all regulated entities acting as depositaries for UCITS and AIFs, as identified by the AMF.

The AMF did not specify a deadline for compliance with the updated doctrine, but it encourages immediate review and alignment with the new expectations.

The AMF also published a report on major incidents reported in 2025 under the Digital Operational Resilience Act (DORA), highlighting operational resilience challenges faced by firms.

Source: AMF, official publication, retrieved 2026-09-25