11 September 2023 | Report / study | Private equity : overview and vulnerabilities The steep rise of private equity, a segment of fund management dedicated to investment in non-listed shares, makes it a major and structuring player in the financial system. Based on a description of the market and current trends, the study offers a review of the potential risks it induces, and the possible implications for the competent… … Private equity : overview and vulnerabilities … Télécharger le contenu The steep rise of private equity, a segment of fund management dedicated to investment … implications for the competent authorities. Private equity : overview and vulnerabilities … … |
29 August 2023 | News | The AMF publishes a study on the margins applied by brokers in the French bond market The Autorité des marchés financiers conducted a study on the activity of brokers in the French bond market, and analysed their margin levels over the period from April 1, 2021 to March 31, 2022 according to various characteristics linked to the nature of the instrument traded, the size of the transaction or the type of customers. … bond market, these costs are less identifiable than on the equity market, due in particular to a very different market … |
30 July 2023 | | Article 721-3 Book VII - Token Issuers and Digital Assets Services Providers > Title II - Digital Assets Services Providers > Chapter I - Registration requirements, license requirements and common provisions applicable to licensed digital assets services providers > Section 2 - License requirements … of ensuring that the applicant has the minimum level of equity required; A description of the human and technical … of ensuring that the applicant has the minimum level of equity required; A description of the human and technical … |
27 July 2023 | AMF news release | Close to 40% of new equity investors are under 35 The Autorité des Marchés Financiers (AMF) publishes converging data on the emergence of a new generation of stock market retail investors. The transaction reports received by the AMF and the Kantar Institute's annual survey of direct share ownership both point to a record proportion of younger people among individual shareholders. … Close to 40% of new equity investors are under 35 … As early as spring 2020, at … observed the arrival of new, younger retail investors on equity markets. The trend has increased months after months, … January 2021. In the first half of 2023, out of 95,500 new equity investors, 38.5% were under 35, a record level, … |
27 July 2023 | Household Savings Newsletter | Special letter on the rejuvenation of equity investors - July 2023 This special letter is dedicated to the arrival of a new generation of investors in the stock market. It is based on transaction reports received by the AMF and the Kantar Institute's annual study on direct share ownership. The observation is an increasing proportion of young people among individual shareholders. … Special letter on the rejuvenation of equity investors - July 2023 … Télécharger le contenu This … shareholders. Special letter on the rejuvenation of equity investors - July 2023 … … y/household-savings-newsletters/special-letter-rejuvenation-equity-investors-july-2023 … This special letter is dedicated … |
01 January 2024 | Policy | Recommendation DOC-2020-07 … must hold own funds at all times. The AMF considers as equity the sum of equity capital, capital-related issues, reserves, retained … that the instruments that qualify as representative of equity are euro-denominated money market funds, cash and cash … |
17 July 2023 | Public statements | Speech by Marie-Anne Barbat-Layani, AMF Chair – Publication of 2022 annual report AMF and the strategic guidelines for the period 2023-2027 – Monday 26 June 2023 … increasingly depends on private financing (private equity and debt), and that listing on a stock exchange has … |
07 July 2023 | AMF news release | The AMF publishes its 2023 Markets and Risk Outlook Against a backdrop of tighter monetary policies and rising inflation, the 2023 edition of the AMF Markets and Risk Outlook highlights that the risk of an asset price correction remains high. Financial stability risks are linked to the ability of financial market participants to adapt to the new interest rate environment by managing their liquidity… … contraction in trading volumes and prices. The private equity sector is also showing signs of a downturn with fewer … |
04 July 2023 | AMF news release | The AMF examines the systems for valuation of the less liquid assets of UCITS and AIFs As part of a Common Supervisory Action on the European level, the Autorité des Marchés Financiers (AMF) surveyed investment management companies on how they value the less liquid assets in their portfolios. The AMF performed inspections for 10 of them, invested in real estate assets or corporate bonds. In a summary document, it draws the lessons… … companies investing in unlisted equities (private equity), a collegial approach is preferred to decide on the … internal model to value corporate bonds. Regarding private equity fund managers, the AMF observed situations in which … |
26 June 2023 | AMF news release | Impact 2027: six main strategic guidelines for 2023-2027 Marie-Anne Barbat-Layani, AMF Chair, presents the AMF's strategic guidelines for the coming years: be a demanding regulator for a leading financial centre, conduct strong international action, protect retail investors, promote more sustainable finance and support innovation. The AMF will also maintain an internal priority, as an essential basis… … is continuing in 2023, and a significant fall both in equity markets and in bond markets, and the crypto-asset … |