18 April 2024 | 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.… for funds (ongoing charges applied in 2022 and 2023). For equity and balanced funds, the trend is downward. 2. Letter … and Investment Barometer. It highlights a sharp rebound in equity investment intentions among savers, mainly younger … have entered the market since 2020. 4. Special Letter on equity investors Fermer Special Letter on equity investors … |
17 April 2024 | AMF news release | Amendment to the AMF General Regulation makes "retail" tranche optional for initial public offerings At its meeting on 19 March 2024, the AMF Board decided to abolish the obligation to include a retail tranche for companies applying for admission of their shares to trading on the Euronext Paris regulated market in the context of an initial public offering (IPO).… offerings … Financial disclosures & corporate financing … Equity … |
17 April 2024 | Article | Operating as a crowdfunding service provider in France In which cases can you apply to the AMF for authorisation to become a crowdfunding service provider? How do you obtain this authorisation? Have you been authorised as a crowdfunding service provider in another Member State of the European Union (EU) and would like to offer your services in France? Find all the useful information here.… they concern crowdlending (excluding free loans) or equity crowdfunding. The Regulation defines a crowdfunding … Romania, Slovakia, Slovenia, Sweden FP-2023-41 AM Equity Upstone 815 138 011 07/12/2023 The placing without a … |
15 April 2024 | News | Less expensive investment funds for savers in 2023 according to the AMF's Household Savings Newsletter Since 2012, the Autorité des marchés financiers (AMF) has noted a downward trend in fees applied to individual investments. In 2023, the decline in fund fees continued. It mainly concerns equity funds and diversified funds.… 2023 of the decline observed for more than 10 years for equity and diversified funds. The average annual fee (management and operating fees) for equity funds was 1.35% in 2023, compared to 1.42% in 2022 and … the period 2010-2023, the average annual fees of French equity funds fell from 2.3% to 1.5%. With regard to direct … |
15 April 2024 | Household Savings Newsletter | AMF Household Savings Newsletter - No.56 - April 2024 As it does every year, the AMF provides an update on the evolution of financial investment fees, for direct investments in shares (prices displayed on 1 January 2024) and for funds (ongoing charges applied in 2022 and 2023). For equity and balanced funds, the trend is downward.… for funds (ongoing charges applied in 2022 and 2023). For equity and balanced funds, the trend is downward. AMF … for funds (ongoing charges applied in 2022 and 2023). For equity and balanced funds, the trend is downward. … AMF … |
10 April 2024 | Professional investors … Have you exceeded or gone below a legal threshold of the equity or voting rights of a listed company? Focus on … | |
28 March 2024 | News | ROSA Extranet: changes to authorisation and declaration processes for collective investments Following the approval of the amendments to its General Regulation and as part of the launch of the ROSA extranet for collective investments, the Autorité des Marchés Financiers (AMF) has updated its policy.… preparation of a KIID and rules, and reporting for private equity funds AMF Instruction DOC-2011-22 and annexes: … specialised professional funds and professional private equity funds AMF Instruction DOC-2012-06 and annexes: … DOC-2012-11: Guide for retail and professional private equity funds AMF Position - Recommendation DOC-2012-11: … |
28 March 2024 | 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 … |
28 March 2024 | Policy | Instruction DOC-2012-06 … specialised professional funds and professional private equity funds … Investment management companies Periodic & … specialised professional funds and professional private equity funds Procedures for making disclosures and … specialised professional funds and professional private equity funds This page does not exist in English Book 4 … |
28 March 2024 | Policy | Instruction DOC-2013-21 … in the form of general purpose investment funds, private equity funds, alternative funds of funds, real estate … specialised professional funds, professional private equity funds, professional real estate collective investment … in the form of general purpose investment funds, private equity funds, alternative funds of funds, real estate … |
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