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- GR into force from 21/11/2022 to 21/11/2022
- Article 313-13
General regulation of the AMF
Article 313-13 into force from to
- Version into force from to
ELI : /en/eli/fr/aai/amf/rg/article/313-13/20180103/notes
Article 313-13
The manufacturer shall determine whether a financial instrument meets the identified needs, characteristics and objectives of the target market, including by examining the following elements:
the financial instrument's risk/reward profile is consistent with the target market; and
financial instrument design is driven by features that are in the client's interest and not by a business model that relies on poor client outcomes if the instrument is to be profitable for the manufacturer.
Legal information:
Head of publications: The Executive Director of AMF Communication Directorate. Contact: Communication Directorate – Autorité des marches financiers 17 place de la Bourse – 75082 Paris cedex 02
Head of publications: The Executive Director of AMF Communication Directorate. Contact: Communication Directorate – Autorité des marches financiers 17 place de la Bourse – 75082 Paris cedex 02