30 December 2020 | News | Your equity savings plan and Brexit: extension of the transition period for your investments in UK securities The United Kingdom officially left the European Union on 31 January and the transition period ends on 31 December 2020. If you have securities issued by UK companies in your equity savings plan (PEA), you can keep them until 30 September 2021, which leaves you with a few months to adjust your portfolio. Here’s an update. … Your equity savings plan and Brexit: extension of the transition period for your … in UK securities … What is the impact of Brexit on your equity savings plan? Représentation du Brexit … Equity … |
28 December 2020 | News | Full effect of Brexit on 1 January 2021: impact on the asset management sector As the transition period following the exit of the United Kingdom from the European Union draws to a close, the Autorité des Marchés Financiers (AMF) is providing support to asset management companies to help them prepare for the consequences of this exit. … management of undertakings for collective investment and equity savings plans, the assets or use of which comply with … may the PEA and PME-ETI PEA account-keepers inform each plan holder concerned before 30 April 2021, i.e. within 4 … |
24 November 2020 | Ombudsman’s Blog | Full community of marital property regime: what are the consequences on the death of a spouse who holds securities? On the death of a spouse, the question arises concerning the framework within which their securities are transferred to the surviving spouse.
The presentation of this dispute draws attention to the rules governing the matrimonial regime of full community of property with a full transfer of ownership clause, and its significant effects on the… … facts … Mrs M. told me that her husband held a personal equity savings plan (PEA: Plan d’Epargne en Actions) and an ordinary … |
29 October 2020 | Ombudsman’s Blog | In the event of an incomplete questionnaire, the bank must alert its clients but transmit their stock exchange orders MiFID II increased the obligations of investment services providers (ISPs) regarding the assessment of their clients: more than ever, the ISPs must make sure that the planned product or service corresponds to their clients' profile. However, to do so, they must have the necessary information. Now, in some cases a client refuses to fill in the… … that his bank also allowed the opening of a "PEA" personal equity savings plan and that it accordingly very quickly confirmed opening … |
30 September 2020 | News | The European Commission's new action plan for the Capital Markets Union On 24 September, the European Commission announced its new action plan for strengthening the Capital Markets Union. Following an initial action plan presented in 2015 and implemented in the intervening period, this new initiative aims to drive progress towards creating a single market for financial services. … The European Commission's new action plan for the Capital Markets Union … A Capital Markets Union … debt to cope with the crisis. Expanding diversification of savings towards long-term investments should also help. … new action plan for the Capital Markets Union … Equity … Sustainable Finance … |
10 June 2020 | AMF news release | Market transparency, financial research, investor protection: AMF’s proposals for more efficient and competitive markets After a little more than two years of supervisory experience under the Markets in Financial Instruments Directive (MiFID 2), the Autorité des Marchés Financiers has responded to the European Commission’s public consultation on the review of MiFID 2. In a document available on its website, the Authority details some of the targeted… … is a priority for the AMF as stated in its strategic plan #Supervision2022. Building on more than two years of … venues: according to the ESMA consultation paper on equity transparency published in February 2020, the … independent public authority responsible for ensuring that savings invested in financial products are protected and that … |
07 May 2020 | AMF news release | The AMF Ombudsman Publishes Her 2019 Annual Report Marielle Cohen-Branche, the AMF Ombudsman, conducts a review of the past year, marked by a fall in the number of claims and a high level of acceptance of her recommendations among retail investors and professionals alike. The Ombudsman is very much mobilised in the current covid-19 epidemic and is already observing the emergence of new types of… … that had been recommended by the Ombudsman on employee savings schemes, the main subject on which mediation is requested, and on the PEA personal equity savings plan, the second most common issue. … |
27 March 2020 | Household Savings Newsletter | AMF Household Savings Newsletter - No. 37 - March 2020 This issue of the Letter is dedicated to the costs of financial investments (direct investment in equities and investments through collective investments). The AMF has been monitoring their evolution since 2011. The trend remains downward, particularly for funds. … AMF Household Savings Newsletter - No. 37 - March 2020 … Télécharger le … - No. 37 - March 2020 … Securities account … Shares … Equity Savings Plan … Collective investments … Employee savings scheme … |
13 March 2020 | Ombudsman’s Blog | A "PEA" (personal equity savings plan) must be closed on the holder's death, but its closing is not equivalent to a liquidation order On the death of its holder, a PEA plan cannot be transferred to the estate as is. Although death entails the closing of the PEA plan, it is incumbent on the legal beneficiaries to decide what to do with the securities they have inherited. The account-keeper must therefore carry out any instructions received from the notary managing the estate… … A "PEA" (personal equity savings plan) must be closed on the holder's death, but its closing … the estate within a reasonable time. A "PEA" (personal equity savings plan) must be closed on the holder's death, … |
25 January 2020 | Article | What is the Ombudsman’s remit? The AMF Ombudsman can be approached by any saver, retail investor or professional (company, non-profit association, pension fund, etc.) that has an individual dispute with a financial intermediary or an issuer. … account keeping services for a security account, personal equity plan, etc. … What situations are outside the Ombudsman’s … in the areas of taxation, life insurance or banking (savings passbooks, term deposits, home savings plans, loans). … |