14 January 2025 | News | AMF 2024 Barometer: French equity investment intentions remain high The Autorité des Marchés Financiers (AMF) publishes its annual Savings and Investment Barometer. This latest edition confirms the French public's interest in equity investments, particularly among younger people.… AMF 2024 Barometer: French equity investment intentions remain high … The AMF’s Savings and Investment Barometer measures changes in French … are mainly driven by those under 35. 53% of them plan to invest in equities, compared with 42% in 2023. … High … |
30 December 2024 | Policy | Position - Recommendation DOC-2020-03 - Information to be provided by collective investment schemes incorporating non-financial approaches Position-Recommendation DOC-2020-03 sets out the information on the consideration of non-financial criteria that French collective investment undertakings and foreign UCITS authorised for marketing in France may disclose. These provisions are described for the various regulatory documents (key investor information documents, prospectus) and…… general purpose investment funds (FIVG), private equity funds including retail private equity investment … transition a key aspect of their communication when they plan to invest a significant share of their portfolio in … and real estate investment companies (SCPI),4 employee savings scheme funds, funds of alternative funds, and "Other … |
18 December 2024 | Policy | Position - Recommendation DOC-2012-19 - … 42 6.2. Business plan … mentioned in Line B1 of the authorisation table, may be equity securities or securities which grant access to the … wishing to select shares in the context of its private equity activity should select this option. This section does … companies, securitisation investment funds, employee savings plan investment funds, etc.) whenever it is operated … |
21 October 2024 | Ombudsman’s Blog | Employee savings schemes: difficulties in obtaining early release in the event of the amicable separation of a couple In the event of an amicable separation, the applicant is unable to produce any of the supporting documents requested, as the break-up and custody arrangements for the children of the former partners have not been brought before the courts.This month’s dossier provides a very clear illustration of this problem and the specific circumstances in…… Employee savings schemes: difficulties in obtaining early release in … had requested the early release of her Employee Savings Plan (PEE) on the grounds of ‘dissolution of civil … of her two young children. It therefore seemed to me, in equity, that the sums released would be of great help to her … |
22 July 2024 | Ombudsman’s Blog | Acquisition of unlisted securities in an equity savings plan (PEA): note that there is no deferred payment option While unlisted securities can be acquired within a PEA, specific rules must be complied with. This month’s dossier sets out the reasons why the law does not provide for a deferred payment option. There is only one exception to the immediate payment rule: when securities are sold.… Acquisition of unlisted securities in an equity savings plan (PEA): note that there is no deferred payment option … … |
17 May 2024 | Ombudsman’s Blog | Capping of PEA transaction fees: the channel through which an order is transmitted is not sufficient to justify the order having been executed electronically The PACTE Law introduced a cap on the fees for various operations on PEAs and PEA-PMEs (opening, account maintenance, transactions, transfers and plan closure). These new rules have raised a number of questions about the exact scope of their application, as illustrated by the dossier I have put together this month.… (opening, account maintenance, transactions, transfer and plan closure). These caps, reproduced below, have been in … to justify the order having been executed electronically … Equity Savings Plan … |
22 April 2024 | News | The AMF completes its policy on gates in master-feeder structures Following approval of the amendments to its General Regulation, the Autorité des marchés financiers (AMF) has updated its policy on the capping of redemptions (gates) in master-feeder structures.… has been added to the standard rules for employee savings plan investment funds: if the gates are triggered, the … preparation of a KIID and rules, and reporting for private equity funds (in French only) Instruction AMF DOC-2011-22: … |
22 April 2024 | Policy | Instruction DOC-2011-21 - … company's programme of activity. In particular, any plan to sub-delegate investment management requires the … or shareholders with prior information about employee savings (in particular the Key Investor Information Document … 30-4 of this instruction must have 60% exposure or more to equity markets at all times. The classification then depends … |
28 March 2024 | Policy | Position - Recommendation DOC-2011-25 - … The management strategy implemented by a European Union Equity fund requires that the fund’s net assets are at least … for a long period of time. Scope: CIS (excluding employee savings funds – FCPE in French Law) 2.2. Executing … management company promptly inform the AMF of its action plan and justify its written decision to suspend or continue … |
20 February 2024 | Article | The AMF Board The Board is the AMF’s main decision-making and prosecuting authority It has 16 members drawn from a broad variety of backgrounds. This multidisciplinarity ensures that it has the technical and legal expertise needed to carry out its tasks.… Groupama AM as a Financial Analyst on both Credit and Equity. In 2001, she became Head of Financial Analysis, and … and he chairs the Supervisory Boards of employee savings plan investment fund . Since 2017, he has been Chairman of … |
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