13 January 2026 | Article | Our priorities for Action and Supervision Each year, the AMF publishes its action and supervisory priorities. Aiming to guide the action of the AMF throughout the year, these priorities reflect the requirements of the Institution which works daily to protect investors and the attractiveness of the Paris financial center thanks to quality control.… and monitoring of participating interests in private equity End-of-life of private equity funds Discretionary management … investor order filtering Administrative management of equity savings plans (PEAs) … and monitoring of participating interests in private equity End-of-life of private equity funds Discretionary … |
13 January 2026 | Article | AMF Household Savings Observatory The AMF’s Observatory tracks the household savings market. It monitors the evolution of preferences, attitudes and perceptions of French savers and investors. It is interested in the promotional communication regarding investments products, the fees applied and the various distribution channels.… investments (average annual fees applied in 2024). For equity and diversified funds, the trend is downwards. The … preferences and perceptions, particularly with regard to equity investments. For this ninth edition, 2.120 French … in terms of investments, particularly with regard to equity investments. This edition of the survey interviewed a … |
07 January 2026 | News | AIFM II: the AMF updates its doctrine to make introducing liquidity management tools easier for UCITS and AIFs In the context of the entry into force of the provisions of the AIFM II Directive, which apply to both AIF investment management companies and UCITS managers, the AMF is introducing a transitional regime for authorisation and the information to be provided to unitholders, in order to facilitate the introduction of the liquidity management tools…… preparation of a KIID and rules, and reporting for private equity funds (in French only) AMF Instruction DOC-2011-22: … preparation of a KIID and rules, and reporting for private equity funds (in French only) AMF Instruction DOC-2011-22: … preparation of a KIID and rules, and reporting for private equity funds (in French only) AMF Instruction DOC-2011-22: … |
24 December 2025 | Ombudsman’s Blog | Securities accounts and PEAs: in case of doubt, a schedule of fees is interpreted in the way that is most favourable to the client Retail investors enjoy dual protection: firstly, through the provisions of financial law and, secondly, through consumer law. Consequently, as I set out in this month's dossier, when the information provided by the account keeper can lead to confusion, the interpretation most favourable to the client must prevail.… Equity Savings Plan … |
19 December 2025 | AMF news release | AMF 2025 Barometer: in search of autonomy, many French people turn to artificial intelligence when they want to invest The Autorité des Marchés Financiers (AMF) has published its annual Savings and Investment Barometer. This new edition reveals that interest among French people in equity investments is at its highest, as well as the role of artificial intelligence as a source of information before investing. … in the stock market. 34% say they are interested in equity investments, a level not seen since the barometer was … is 48%. Similarly, the perception of the risk related to equity investments is declining, with 51% of French people … new edition reveals that interest among French people in equity investments is at its highest, as well as the role of … |
18 December 2025 | Article | Obtaining a DASP registration/optional licensing Do you want to know in which cases registration with the AMF as a Digital Asset Service Provider (DASP) is mandatory? To obtain an optional licensing? You will find all the information on the subject here, together with the list of registered DASPs and the list of DASPs licensed by the AMF.… orders, and, where applicable, calculations of estimated equity requirements;” “2° for companies that are already … of ensuring that the applicant has the required level of equity.” “VI. – For the services referred to in Article L. … |
18 December 2025 | Policy | Instruction DOC-2011-19 - … 30-4 of this Instruction must have 60% exposure or more to equity markets at all times. The classification then depends … UCITS The UCITS has at least 60% exposure to the French equity market at all times. Exposure to exchange rate risk or … mention the minimum exposure of the UCITS to the French equity market. Article 30-2 – “Euro area equities” UCITS The … |
18 December 2025 | Policy | Instruction DOC-2011-21 - … 30-4 of this instruction must have 60% exposure or more to equity markets at all times. The classification then depends … employee investment undertaking. Article 30-1 - "French equity" FCPEs or SICAVAS The FCPE has at least 60% exposure to the French equity market at all times. This exposure must be calculated … |
18 December 2025 | Policy | Instruction DOC-2011-20 - … 30-4 of this instruction must have 60% or more exposure to equity markets at all times. The classification then depends … AIF The AIF has at least 60% exposure to the French equity market at all times. Exposure to exchange rate risk or … must mention the minimum exposure of the AIF to the French equity market. Article 30-2 - “Euro area equities” AIF The … |
18 December 2025 | Policy | Instruction DOC-2017-05 - … up gates in UCITS, retail investment funds, private equity funds, professional private equity investment funds and employee investment schemes. … up gates in UCITS, retail investment funds, private equity funds, professional private equity investment funds and employee investment schemes. … |
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