01 October 2018 | Public statements | Speech of Robert Ophèle, AMF chairman - AFME Annual European Compliance and Legal Conference - London, 1 October 2018 … supporter of any move to revise and re-calibrate: the disclosure of costs and charges, which needs to be better … conduct of business, transparency, reporting and trading obligations, third-country firms operating in the EU under … in the EU, must be required to comply with the trading obligations for shares and derivatives under MiFIR (if the … |
26 June 2018 | Policy | Instruction DOC-2011-15 This instruction presents the methods for calculating global exposure of authorised UCITS and AIFs. After going over the scope of application, perimeter and definition of the global risk of an authorised UCITS or AIF, the instruction explains the commitment calculation approach (conversion methods, netting and hedging rules, specific provisions…… of the present instruction does not exempt CIS from their obligations under Article L. 533-10-1 of the Monetary and … 2011 9/12 c) The stress testing process. Article 16 - Disclosure I. – The method chosen by the management company … of the present instruction does not exempt CIS from their obligations under Article L. 533-10-1 of the Monetary and … |
20 June 2018 | News | Impacts of MiFID II: the AMF enhances its guide for financial investment advisors (FIAs) MiFID II requires the FIA regime to integrate certain rules similar to those applying to investment services providers. As such, new concepts and new provisions, including on the governance of financial instruments, have been introduced to the AMF General Regulation. To support FIAs in the implementation of their obligations, the AMF is enhancing…… advice Governance of financial instruments Enhanced client disclosure Assessment of the suitability of products and … Regulation. To support FIAs in the implementation of their obligations, the AMF is enhancing its MiFID II guide … Regulation. To support FIAs in the implementation of their obligations, the AMF is enhancing its MiFID II guide … |
18 June 2018 | News | The implementation of MiFID II and the new regime for asset management companies: the AMF will publish regular policy updates The Autorité des Marchés Financiers (French Financial Markets Authority or AMF) is currently updating its policy (instructions, position papers and recommendations) to account for the impact on form and substance of MiFID II's implementation and the introduction of the new legal structure for asset management companies. This will take several…… Authorisation process for asset management companies, disclosure requirements and passport Instruction … procedure for investment management companies, disclosure obligations and passporting AMF instruction … |
18 May 2018 | AMF news release | The Autorité des Marchés Financiers publishes its 2017 annual report When addressing the press to present the AMF's annual report, Chairman Robert Ophèle stressed the need to move quickly towards a more integrated EU27 against the backdrop of Brexit. He also discussed key regulation challenges and the AMF's response.… as collective management is not subject to certain obligations arising from MiFID II. Last year, as was the case … to educate stakeholders on the implementation of new disclosure and reporting requirements and rules on the … |
09 March 2018 |
| Article 314-10-1 Book III - Service providers > Title I - Investment services providers > Chapter IV - Conduct of business rules > Section 5 - Clients agreements > Sub-section 1 - Changes to agreements entered into before 3 January 2018… before that date of any changes made to comply with client disclosure obligations introduced by the provisions of the Monetary and … before that date of any changes made to comply with client disclosure obligations introduced by the provisions of the … |
03 January 2018 |
| Article 321-43 Book III - Service providers > Title I ter - Asset management companies of UCITS > Chapter III - Organisational rules > Section 6 - Personal transactions… 2014 ; b) The transaction involves the misuse or improper disclosure of inside or confidential information; c) The … conflict with the asset management company's professional obligations referred to in II of Article L. 621-15 of the … or reasonably ought to know, that as a result of that disclosure that other person will or would be likely to take … |
24 December 2017 | General regulation | General regulation of the AMF into force from 24/12/2017 to 02/01/2018 … 10 BOOK II - ISSUERS AND FINANCIAL DISCLOSURE … APPROVED BY THE AMF.... 27 TITLE II - PERIODIC AND ONGOING DISCLOSURE OBLIGATIONS … 50 SECTION 10 - OBLIGATIONS OF OFFICERS AND DIRECTORS, PERSONS CONCERNED BY … |
07 December 2017 | AMF news release | Socially responsible investing (SRI): The AMF publishes a new stocktaking of practices in the collective investment industry Since publishing its first SRI report in 2015, the AMF has noted an improvement in investor disclosures and is issuing new recommendations. The regulator has also prepared a first assessment of application by management companies of the Energy Transition for Green Growth Act.… … After conducting a first review in 2015 of investor disclosure practices on 100 funds, the AMF decided to assess … an initial assessment of how companies are applying the obligations arising from the Energy Transition for Green … |
20 November 2017 | General regulation | General regulation of the AMF into force from 20/11/2017 to 23/12/2017 … 10 BOOK II - ISSUERS AND FINANCIAL DISCLOSURE … APPROVED BY THE AMF.... 26 TITLE II - PERIODIC AND ONGOING DISCLOSURE OBLIGATIONS … 49 SECTION 10 - OBLIGATIONS OF OFFICERS AND DIRECTORS, PERSONS CONCERNED BY … |
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