Regulatory information

Set-up of controls

CPR AM has a three-tier set-up of controls:

First-level permanent controls are handled by operating staff and are integrated into all stages of the management process. 
Second-level permanent controls are handled by two CPR AM teams which are independent of the operating teams.

  • The Risk Control department, with five persons, reports to CPR AM Senior Management and to Amundi’s Chief Risk Officer. Its purpose is to monitor risks incurred in fund management (including approval and compliance with the methodological framework; production, monitoring and approval of indicators; compliance with constraints; and monitoring of the risk policy set by CPR AM), as well as measuring and controlling proprietary activity risks.
  • The Compliance and Internal Controls department focuses on controlling risks of breach in compliance and professional ethics rules, monitoring of the primacy of the client’s interests and compliance with market integrity. It handles three main missions: identifying and preventing risks, conducting the schedule of internal controls, and supervising responses to anomalies and incidents. The department head with regard to the French Financial Markets Authority (AMF) is the Chief Compliance and Internal Controls Officer.

Third-level periodic controls are handled by two entities:

  • Amundi Audit is in charge of assessing the quality of the second-level controls set up by Amundi’s various entities. It ensures that the various entities are dealing properly with audited activities, that they are complying with external and internal rules, that information is reliable and complete, and that risk-measuring systems are in place.
  • Crédit Agricole S.A. Inspection reports directly to Senior Management of Groupe Crédit Agricole. It is Senior Management’s guarantor of the efficiency of the company’s operations, effective control of risks, the proper conduct of its operations and their compliance.

Policies and regulation

CPR Asset Management is certified by the French Financial Markets Authority (AMF) under number GP 01-056



The European Markets in Financial Instruments Directive (MiFID) entered into force on 1 November 2007.

You will find below the main information on this directive.


ESMA’s “Guidelines on ETFs and other UCITS issues” was released on 12 December 2012 entered into force on 18 February 2013.
You will find, attached, the policy applicable to UCITS subject to these Orientations in the field of financial guarantees.


You may view here the latest engagement report of Amundi Group «  Engagement report  ».


In the area of corporate governance CPR Asset Management has provided itself with a “  Voting Policy  ”.

You may view here the latest “  Report on shareholder dialogue and the exercise of voting rights  ”.



You will find a link to our “  Policy for managing claims and complaints  ” document



CPR Asset Management prides itself on having complied with GIPS performance presentation standards since 31 December 2002 for a performance track-record dating back to 1 January 1990. Theses checks have been undertaken by an independent firm and cover the entire company and its composites.



  • AFG

As an active member of the French Financial Management Association (AFG) through its participation in various working groups, CPR AM endeavours to comply with various provisions and recommendations of AFG’s code of compliance.


All compliance requirements are given to all employees. They list their obligations in terms of regulatory knowledge, declaration of their securities accounts and personal transactions, the holding of corporate directorships, and the receiving of gifts and benefits, if any.



CPR AM’s prevention set-up is based on:

  • An anti-money laundering correspondent: the Chief Compliance and Internal Controls Officer;
  • An anti-money-laundering handbook, including laws and rules on third-party asset management applicable to Amundi group;
  • Vetting by the Compliance and Internal Controls department of any contract committing the company;
  • Employee training/awareness initiatives.

Shareholder notices

Fund concerned Publication date
CPR Invest - Depôt 1 2019 - Notice to Shareholders_EN 23/07/2019
Information aux actionnaires CPR INVEST SILVER AGE SGP_01.08.2019 23/07/2019
Procuration AGO 2019 ENG.pdf 26/03/2019
Convocation AGO 2019 - ENG.pdf 26/03/2019
CPR AM - PRESS RELEASE - CPR AM launches Education thematics fund - ENG 17/10/2018
CPR Invest - Notice to shareholders - Jun 2017 - EN 20/06/2017
CPR Invest - Notice to shareholders - 12.04.2017_EN 16/05/2017
03 04 2017 - CPR Silver Age - Creation of a Z-unit 07/04/2017
17.02.2017 - CPR Invest - Notice to shareholders - EN 13/02/2017
17.02.2017 - CPR Invest - Notice to shareholders - SGP_Retail 13/02/2017
22 11 2016 - CPR Invest - Notice - SF Global Silver Age - SGP 21/12/2016
22 11 2016 - CPR Invest - Changement forme juridique - SGP 21/12/2016
21.11.2016 - CPR Invest - Notice to shareholders - New Prospectus - EN 21/12/2016
Evolution/Migration of CPR Asset Management website 03/06/2016