04 December 2024 | In-depth | The Listing Act: Facilitating Companies' Access to European Capital Markets The Listing Act introduces significant changes to European regulations. In this document, the AMF outlines its main features. While some provisions will come into force as early as December 4, others will be implemented gradually, with delays of 15, 18, and 24 months following its entry into force. … the MAR Regulation. Therefore, specifically: when issuing equity securities and/or securities granting access to equity, issuers shall determine which information related to … the format of prospectuses: maximum page count for equity prospectuses (300 pages for the standard prospectus, … |
29 November 2024 | News | The AMF releases an updated stocktake of French funds equipped with liquidity management tools Since the previous study, the AMF has taken supervisory action to encourage the adoption of gates and swing-pricing, particularly in open-ended funds aimed at retail investors. … in less liquid asset classes (real estate, private equity), gates are now present in all retail real estate … |
29 November 2024 | In-depth | The European regulation Markets in Crypto-Assets (MiCA) Crypto-asset services requiring authorisation, obligations to be met, procedures for submitting a crypto-asset service provider (CASP) application, notification of offers to the public and admission to trading of crypto-assets, provisions relating to market abuse: in this "in-depth" you will find the main provisions of the European regulation on… … safeguards corresponding to the higher of a fixed minimum equity threshold (either €50k, €125k or €150k) depending on … |
15 November 2024 | News | Stock market tumbles: still a rare phenomenon on the Paris market While the Paris market was trading close to record levels last year, some CAC 40 stocks experienced significant price swings. In a study covering the period 2013-2023, the Autorité des Marchés Financiers (AMF) looked at this phenomenon, which remains rare and is not unique to the French market, and at its possible causes. … a rare phenomenon on the Paris market … Short selling … Equity … |
14 November 2024 | Report / study | Stock market drops: what are the characteristics, consequences, and possible causes of this phenomenon? While the CAC40 index is trading near its historical highs, certain stocks within the French index have experienced spectacular declines in recent months. Using transactions reporting, in this study, the AMF examined at both the potential consequences for stocks whose price has fallen sharply, and the possible causes of the phenomenon. … consequences, and possible causes of this phenomenon? … Equity … Benchmark … Short selling … Financing the economy … |
13 November 2024 | AMF news release | ETFs win over newcomers as they invest into the stock market The Autorité des Marchés Financiers (AMF) has noted the rise in trading of exchange-traded funds (ETFs) which aim to track the performance of an index, in its latest Active Retail Investor Dashboards. Its in-depth analysis of this trend and the concerned investors profile shows that younger investors are very much inclined to invest in ETFs. … 45.6 years. At the same time, the average age of French equity investors also fell, but to a lesser extent, from 60.7 … newcomers as they invest into the stock market … ETF … Equity … MIFID … |
13 November 2024 | Report / study | Retail investor ETF activity The Autorité des Marchés Financiers (AMF) has noted the rise in trading of exchange-traded funds (ETFs) which aim to track the performance of an index, in its latest Active Retail Investor Dashboards. Its in-depth analysis of this trend and the concerned investors profile shows that younger investors are very much inclined to invest in ETFs. … and issuers … Retail investor ETF activity … ETF … Equity … MIFID … Marketing … Order … |
02 November 2024 | | Article 516-5 Book V - Market infrastructures > Title I - Regulated markets and market operators > Chapter VI - Special provisions for certain markets > Section 4 - Provisions applicable to certain compartments … a regulated market without a public issue or sale if the equity securities or the securities that give or may give … a regulated market without a public issue or sale if the equity securities or the securities that give or may give … |
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… … of her two young children. It therefore seemed to me, in equity, that the sums released would be of great help to her … account keeper, given the current state of the law and in equity, that it review its position on this matter, having … early release on the grounds of ‘dissolution of PACS’, in equity, as requested. … Lesson to be learned … Firstly, it … |
21 October 2024 | News | In Q3 2024, for the first time, new ETF investors outnumbered new equity investors Each quarter, the AMF draws up an inventory of the number of individuals who have carried out at least one transaction in a financial instrument during the last quarter. She is particularly interested in equity and ETF trading. … for the first time, new ETF investors outnumbered new equity investors … Listed Equities … During the 3rd quarter … new ETF investors significantly exceeded the number of new equity investors (57,000 vs. 48,000). … Read more … The … during the last quarter. She is particularly interested in equity and ETF trading. [ 1 ] In order to produce this … |
