09 December 2021 | Policy | Position DOC-2010-05 … investment advisers and direct marketers) of their obligations when marketing these products, and lays down four … their statutory and regulatory obligations with regard to disclosure and advice. The AMF position: - underlines the … required to comply with the conduct of business rules on disclosure, and their principals (mentioned in Article L. … |
29 October 2021 | Policy | Recommendation DOC-2021-06 … issues; o The Taxonomy Regulation and the communication obligations pertaining thereto; o Monitoring the impacts of … https://www.esma.europa.eu/policy-activities/corporate-disclosure/european-single-electronic-format … of a new approach to public listing (AMF), ESMA publishes disclosure and investor protection guidance on SPACs (ESMA) … |
18 October 2021 | News | Market Data: the AMF applies ESMA Guidelines The Autorité des Marchés Financiers (AMF) will apply ESMA Guidelines on the MiFID II/MiFIR obligations on market data (ESMA70-156-4263).… data on a reasonable commercial basis, including the disclosure requirements, as well as the requirement to … the obligation to keep data unbundled; the transparency obligations on policies; the obligation to make market data … … Read more … Final guidelines on the MiFID II/ MiFIR obligations on market data The Autorité des Marchés … |
22 September 2021 | News | Taxonomy Article 8: The AMF informs issuers about the phased application of reporting requirements To promote sustainable investment, the Taxonomy Regulation (Regulation (EU) 2020/852) establishes a European Union-wide classification system to identify economic activities that are considered sustainable. Pursuant to Article 8 of this regulation, companies will have to publish sustainability indicators from 1 January 2022. A delegated regulation…… requirements … Companies subject to the new reporting obligations … The requirement to deliver sustainability … period may be extended to six months. The reporting obligations set out in the Delegated Regulation will be … requirements … Sustainable Finance … Annual report … Disclosure Obligations … |
13 August 2021 | Enforcement Committee news releases | The AMF Enforcement Committee clears two legal entities and one natural person of alleged insider trading and breach of the obligation to report all suspicious transactions to the AMF charges In its decision of 3 August 2021, the Enforcement Committee cleared Fidoma and the chairman of its supervisory board, Didier Domange, of insider trading. It also cleared Banque Saint Olive, responsible for reception and transmission of orders on behalf of Fidoma, charged with failure to report all transactions that could constitute market abuse to…… to the AMF charges … Sanctions & settlements … Disclosure Obligations … MAR … |
02 August 2021 | Article | Operate in France Are you a European investment management company wishing to manage French UCITS or AIFs or open a branch in France? Are you already doing business in France and would like to know how much your annual contribution to the AMF would be? You will find all the information you need here.… procedure for investment management companies, disclosure obligations and passporting Instruction DOC-2008-03 . … Focus … third parties in France, you must send the AMF an annual disclosure sheet based on the template provided by the AMF. … |
29 July 2021 | Bilateral MoU | SEC-2021- MoU to allow French Security Based Swap Dealers (SBSD) to benefit from a substituted compliance regime Memorandum of understanding between the Securities and Exchange Commission of the United States, the Autorité des marchés financiers of France and the Autorité de contrôle prudentiel et de résolution of France, concerning consultation, cooperation and the exchange of information related to the Supervision and oversight of certain cross-border over…… 25. This MOU does not create any legally binding obligations, confer any rights or supersede domestic laws. … and the circumstances, if any, under which the intended disclosure by the Requesting Authority might be allowed. 54. … that, to the extent permitted by law, the sharing or disclosure of non- public information, including but not … |
29 July 2021 | Bilateral MoU | SEC-2021- MoU regarding the regime applicable to Security Based Swap Dealers (SBSD) in the U.S Memorandum of understanding between the Securities and Exchange Commission of the United States, the Autorité des marchés financiers of France and the Autorité de contrôle prudentiel et de résolution of France, concerning consultation, cooperation and the exchange of information related to the Supervision and oversight of certain cross-border over…… 21. This MOU does not create any legally binding obligations, confer any rights or supersede domestic laws. … and the circumstances, if any, under which the intended disclosure by the Requesting Authority might be allowed. 52. … that, to the extent permitted by law, the sharing or disclosure of non- public information, including but not … |
03 May 2021 | Enforcement Committee news releases | The AMF Enforcement Committee fines two individuals and three legal entities for insider trading breaches, failure to fulfil their reporting obligations and for trading during a closed period In its decision of 28 April 2021, the Committee imposed fines from €100,000 to €10 million, totalling over €18 million, on French and foreign players in the wine and spirits sector.… trading breaches, failure to fulfil their reporting obligations and for trading during a closed period … The … investigation did not make it possible to establish such disclosure. It also dismissed the alleged breach by DF … trading breaches, failure to fulfil their reporting obligations and for trading during a closed period … … |
07 April 2021 | Public statements | Speech by Robert Ophèle, AMF Chairman - AMF 2021 International Seminar - 16 March 2021 … they must do more than just comply with their professional obligations. The AMF is keen to support them. The changing … such as the EU taxonomy or the Sustainable Finance Disclosure Regulation are to be commended. However, we must … |
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