The Autorité des Marchés Financiers launches a public consultation on the amendments to be made to its General Regulation following transposition of the revised Transparency Directive
The Autorité des Marchés Financiers (AMF) is launching a public consultation on certain amendments to Book II of its General Regulation concerning issuers and financial information due to the transposition of certain provisions of the revised Transparency Directive (2013/50/EU). The results are expected by 15 July 2015.
The AMF is consulting on the amendments to be made to its General Regulation in order to ensure compliance with Article 9 II of the DDADUE Actl which transposes the revised Transparency Directive. The proposals submitted for consultation address, in particular:
• the articles of Book II concerning quarterly information and the deadline for publishing half-yearly financial reports;
• clarification on certain concepts of the Transparency Directive (in particular, the definitions of home Member State and issuer).
Comments on the proposals submitted for consultation must be sent to the AMF by 15 July 2015, to the following address: directiondelacommunication [at] amf-france.org.
The transposition into French law of the revised Transparency Directive will continue in the coming months, via a Government order that will integrate provisions on sanctions and on notification and disclosure of major holdings. The AMF will launch a new public consultation on these issues at the earliest opportunity so that these amendments to the General Regulation can be approved before the deadline for transposing the Directive, fixed as at 27 November 2015.
About the AMF:
The AMF is an independent public authority responsible for ensuring that savings invested in financial products are protected, providing investors with adequate information and supervising the orderly operation of markets. Visit our website www.amf-france.org.
AMF Communication Directorate - Stéfanie Duschenes - Tel: +33 (0)1 5345 6023 or +33 (0)1 5345 6028
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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