06 May 2022 | Ombudsman’s Blog | Personal equity savings plans: unlisted securities of a company in court-ordered liquidation may be withdrawn from the plan without entailing its closure As I stated in my last annual report, the leading reason for case referral in 2021 were disputes concerning transfers of personal equity savings plans (PEA). Although the duration of the process may often be extended for various reasons, the delay observed in the case I am presenting to you this month could have been avoided simply by applying an… … Personal equity savings plans: unlisted securities of a company in court-ordered liquidation may be withdrawn from the plan without entailing its closure … The facts … On 28 … in 2021 were disputes concerning transfers of personal equity savings plans (PEA). Although the duration of the … |
20 April 2022 | AMF news release | The AMF Ombudsman publishes her 2021 Annual Report Marielle Cohen-Branche, Ombudsman of the Autorité des Marchés Financiers (AMF), has presented her latest annual report at a press conference. 2021 was a year characterised by an unprecedented number of requests and recommendations. Disputes related to "PEA" personal equity savings plans were the prime reason for case referrals, ahead of employee… … office last year. The arrival of novice investors on equity markets in the past two years and the now preponderant … month, respecting the anonymity of the parties. … The PEA plan now the leading reason for case referral, ahead of employee savings schemes … For the first time, disputes concerning … |
29 October 2021 | Policy | Recommendation DOC-2021-06 … auditors. The AMF thereby contributes to the protection of savings and to good investor information by means of high- … by external investments, should be classified as debt or equity. Based on the IFRS standards, a (non-derivative) … how these assumptions have been allowed for (business plan, growth rate, discount rate). Moreover, the AMF … |
28 September 2021 | AMF news release | Sustainable finance: for 76% of French people, the environmental impact of investments is an important issue The Autorité des Marchés Financiers (AMF) has published the results of two studies of French people's perceptions of responsible or sustainable financial products and the expectations of retail investors. These studies show an interest among private individuals, as well as a great need for education and transparency to increase awareness of and… … development issues, including in their choice of savings, but only a minority are familiar with and actually … investment, as part of a life insurance policy, personal equity savings plan (PEA), securities account, employee savings scheme or … |
02 August 2021 | Article | Market products in France or in Europe Are you a French or foreign investment management company wishing to market UCITS or AIFs in France? Would you like to obtain a passport to market a product in Europe? You will find the information you need here. … with significant risks of mis-selling, such as: employee savings plan investment funds (FCPEs) invested in listed and unlisted … to the general public and tax funds (retail private equity investment funds, retail local investment funds, … |
16 July 2021 | Article | Authorise The AMF approves the rules applicable to financial markets and market infrastructures, approves the corporate finance transactions of listed companies and authorises financial services professionals and the collective investment products under its supervision. … several ways: It approves the rules for regulated markets (equity markets, bond markets, etc.) or markets that are not … Employee investment undertakings, i.e. employee savings plan investment funds and SICAVs for employee shareholders … |
23 June 2021 | Ombudsman’s Blog | In a management mandate, clients may not base their claims on the fact that they have not given any instructions Retail investors can decide to be independent and manage their securities portfolio themselves. In this case, they should be able to understand the meaning of the different types of orders that exist (e.g. "market order", "limit order" etc.) and to react to market fluctuations.
They may also opt for a discretionary mandate. In this case, their… … at a price exceeding €70. On the other, securities in her equity savings plan had been sold without any instructions from her. … … |
31 May 2021 | Article | Financial and Auditing profiles The AMF approves financial transactions and monitors throughout the year the financial disclosures made by companies listed on a regulated market. It monitors investment services providers and authorises asset management companies to conduct their business. It also protects savings invested in collective investment schemes (open-ended investment… … companies to conduct their business. It also protects savings invested in collective investment schemes (open-ended … investment companies, unit trusts, employee savings plan investment funds, retail private equity investment funds) by regulating their formation and … |
07 April 2021 | Public statements | Speech by Robert Ophèle, AMF Chairman - AMF 2021 International Seminar - 16 March 2021 … beginning of the pandemic such as facilitating access to equity financing for issuers as well as educating and … developments in the field of retail investment. In France, savings are abundant but insufficiently invested in equities. … in autumn 2020 of the European Commission’s new action plan. The AMF welcomes this initiative, which lends fresh … |
09 March 2021 | Household Savings Newsletter | AMF Household Savings Observatory Newsletter - No.42 - March 2021 This Letter is dedicated to the costs of financial investments (direct investment in equities and investments through collective investments). Financial investment fees continued to decrease in 2020. However, the decrease is still modest. … AMF Household Savings Observatory Newsletter - No.42 - March 2021 … … Savings Observatory Newsletter - No.42 - March 2021 … Equity Savings Plan … Collective investments … Shares … Employee savings … |