23 January 2020 | Article | Create an investment management company in France Are you a French company wishing to provide asset management services? Here you will find useful information to help you prepare your authorisation or registration application.… procedure for investment management companies, disclosure obligations and passporting DOC-2008-03 . … Contact the AMF … procedures for investment management companies, disclosure requirements and passporting”. The application … |
09 January 2020 | Policy | Recommendation DOC-2013-08 … The purpose of this recommendation is to take stock of the disclosure requirements pertaining to pro forma financial … of the same regulation provides for pro forma information disclosure requirements. (ii) Concurrently, Article 212-7 of … allows recognizing the liabilities associated with present obligations, which may be reliably measured even if the … |
19 December 2019 | Policy | Instruction DOC-2019-22 … sous forme de société anonyme … Other professionals Disclosure Obligations Policy Instruction DOC-2019-22 … … coopérative constituée sous forme de société anonyme … Disclosure Obligations … |
25 November 2019 | Enforcement Committee news releases | The Enforcement Committee of the Autorité des Marchés Financiers fines an investment management company and its chief executive officer for breaching their professional obligations, as well as three companies of the same group for obstructing an AMF au... In its decision of 19 November 2019, the Enforcement Committee imposed fines of €300,000 each on Novaxia Investissement and Joachim Azan, its chief executive officer at the time of the facts, and a warning against Mr. Azan. It also fined Novaxia Développement, Novaxia Gestion and Novaxia €50,000, €10,000 and €20,000 respectively for obstructing…… chief executive officer for breaching their professional obligations, as well as three companies of the same group for … an AMF au... … The breaches of their professional obligations by Novaxia Investissement and its chief executive … It noted that the inspectors' repeated request for disclosure was made in the context of a factual situation in … |
23 October 2019 | Policy | Recommendation DOC-2019-13 … https://www.esma.europa.eu/policy-activities/corporate-disclosure/european-single-electronic-format … 3.4. Transaction Price Allocated to Remaining Performance Obligations ................................................ … 4-4c26-aa86-9a729188d522&category=I+-+Issuers+and+financial+disclosure&docVersion=1.0&langSwitch=true … |
22 October 2019 | News | Clarifications concerning the information to be provided to investors in collective investment undertakings referring to a benchmark index On 29 March 2019 ESMA published an update of its questions and answers (Q&A) relating to the application of the UCITS Directive. This update concerns, in particular, the information to be indicated in the Key Investor Information Documents (KIIDs) of UCITS regarding how closely the UCITS track their benchmark index. The AMF takes stock of this…… release dated 29 March 2019: ESMA Q&As clarify benchmark disclosure obligations for UCITS On 29 March 2019 ESMA published an … |
19 October 2019 | Bilateral MoU | FSB - 2000 - MoU on exchange of information 2000 - Memorandum of Understanding between the Commission des opérations de bourse (COB) and the Financial Services Board of South Africa (FSB)… and all other investments offered to the public, the disclosure of information to investors and the proper … Africa. 3.4. The MOU does not create any binding legal obligations upon the Authorities. 3.5 The Authorities shall … with applicable laws and regulations relating to the disclosure of interests in securities, take-over bids or the … |
06 September 2019 | Policy | Position - Recommendation DOC-2018-02 Position-recommendation DOC-2018-02 aims to clarify the AMF's expectations on the marketing of crowdfunding offers, calculation of default rates and run-off management of platforms. In particular, it specifies the best practice for securities and minibons crowdfunding in relation to providing information that is balanced, clear, accurate and not…… 3. Information on risks and charges With regard to risk disclosure, the public pages of the CIA/ISP-CA website and … of the target company if in default. With regard to fee disclosure, CIAs and ISP-CAs must inform their clients in an … investors’ attention to the issuer’s ability to fulfil its obligations and to the degree of risk attached to the … End of applicability on 10 November 2023 |
06 September 2019 | Policy | Instruction DOC-2014-11 Pending AMF authorisation of one or more associations of crowdfunding investment advisers (CIAs), the AMF shall review the professional skills and ability of applicants to comply with the business conduct and organisational rules provided for in the AMF General Regulation. The AMF will conduct its review on the basis of an application file whose…… annual disclosures by said advisers … Other professionals Disclosure Obligations Policy This page is not available in English Book … also sets out the procedures for communicating the annual disclosure sheet referred to in Article 325-45 of the AMF … End of applicability on 10 November 2023 |
17 July 2019 | Article | Personal data protection Policy The Autorité des Marchés Financiers (hereinafter also referred to as "the AMF") ensures compliance with European Regulation n° 2016/679 on the protection of natural persons with regard to the processing of personal data ("GDPR") and with the French Data Protection Act No. 78-17 of 6 January 1978, the provisions of which have been rewritten by…… of derogations from Law No. 68-678 of 26 July 1968 on the disclosure of documents and information of an economic, … their destruction, loss, modification or unauthorised disclosure; keep the personal data for a period that is no … and within the limits of the AMF’s professional secrecy obligations) or to send them to another processing officer. … |
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