02 December 2021 | AMF news release | The AMF publishes its annual report on corporate governance and the executive compensation of listed companies Against the backdrop of the health crisis, the 2021 annual report is the opportunity to review the functioning of shareholders' meetings and discuss the issues of the adjustment of remunerations and interactions of the board with executive management and shareholders. For the second year running, the report examines the information provided by… … in 2021. … Adjusting remuneration in times of health crisis … The year 2020 was marked by a drop in the … for determining executive compensation during the 2020 financial year or at the end of the year, by changing the … responsible for ensuring that savings invested in financial products are protected and that investors are … |
30 November 2021 | AMF news release | Retail investors have grown in number, are younger and increasingly use neo-brokers since the Covid crisis After an initial analysis of the behaviour of retail investors on the stock market conducted in April 2020 during the first lockdown, the Autorité des Marchés Financiers has confirmed the renewed interest of retail investors in the financial instruments under its jurisdiction in a new study, conducted on a different scope and over the period from… … younger and increasingly use neo-brokers since the Covid crisis … The AMF is responsible for ensuring the orderly operation of financial markets and the protection of savings invested in financial instruments. It maintains a close watch on the … |
30 November 2021 | Report / study | Retail investors and their activity since the COVID crisis: younger, more numerous and attracted by new market participants A new study by the Autorité des Marchés Financiers confirms the renewed interest of retail investors in the financial instruments under its jurisdiction. This study shows a marked increase in active investors, which age has dropped by 8 years to below 50. Usually dominated by traditional banks and online brokers, stock market investments by retail… … Retail investors and their activity since the COVID crisis: younger, more numerous and attracted by new market … confirms the renewed interest of retail investors in the financial instruments under its jurisdiction. This study … confirms the renewed interest of retail investors in the financial instruments under its jurisdiction. This study … |
29 October 2021 | Policy | Recommendation DOC-2021-06 … Closing of the 2021 financial statements and financial statements examination work … Other professionals … current economic context engendered by the Covid-19 health crisis, performed specific examinations of the methods and … |
29 July 2021 | Bilateral MoU | SEC-2021- MoU to allow French Security Based Swap Dealers (SBSD) to benefit from a substituted compliance regime Memorandum of understanding between the Securities and Exchange Commission of the United States, the Autorité des marchés financiers of France and the Autorité de contrôle prudentiel et de résolution of France, concerning consultation, cooperation and the exchange of information related to the Supervision and oversight of certain cross-border over… … or unconditionally, issue an order with respect to the financial regulatory system of France determining that an … or other arrangement with the relevant French financial regulatory authority or authorities that addresses … experiences, or is threatened by, a potential financial crisis or any other Emergency Situation. Ongoing Information … |
29 July 2021 | Bilateral MoU | SEC-2021- MoU regarding the regime applicable to Security Based Swap Dealers (SBSD) in the U.S Memorandum of understanding between the Securities and Exchange Commission of the United States, the Autorité des marchés financiers of France and the Autorité de contrôle prudentiel et de résolution of France, concerning consultation, cooperation and the exchange of information related to the Supervision and oversight of certain cross-border over… … and L632-17, respectively, of the French Monetary and Financial Code. Article I: Definitions For purposes of this … occurrence of an event that could materially impair the financial or operational condition of a Covered Firm. 6. … experiences, or is threatened by, a potential financial crisis or any other Emergency Situation. 28. Cooperation will … |
22 July 2021 | News | The AMF publishes a study about potential explanatory variables for the record outflows that French MMFs faced in March 2020 Building on a detailed database on French money market funds (MMF) flow and performance during the March 2020 crisis, the AMF shows that the heterogeneity of redemption behaviors cannot be explained by differences in terms of fund performances, or in terms of the structure of the portfolio (asset type, maturity, liquidity ratios). It would thus… … decision to redeem, taken by some investors (insurers, non financial corporates, other funds…) might have been driven by … anticipated), including increased margin calls during the crisis period. … Learn more … Econometric Analysis of the … Flows on French Money Market Funds during the 2020 Crisis Building on a detailed database on French money market … |
06 July 2021 | AMF news release | The Autorité des Marchés Financiers publishes its 2021 Markets and Risk Outlook The Outlook highlights the return to normal of market indicators despite continuing health, but also economic and financial vulnerabilities: the uneven nature of the recover, increase in public and private debt, the threat of rising interest rates and inflation, the proliferation of serious operational incidents in market infrastructures, or the… … and liquidity indicators, as well as investment flows in financial markets whether these are invested directed or via … great deal of uncertainty as to the outcome of the health crisis, and the clear improvement in the economic outlook … regulatory divergence with the United Kingdom, such as the Financial Conduct Authority's decision to no longer apply the … |
16 June 2021 | AMF news release | The ACPR and AMF Joint Unit for Insurance, Banking and Retail Investment publishes its 2020 annual report In 2020, in the context of the health crisis, the Joint Unit of the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés Financiers (AMF) continued to monitor and control commercial practices and to fight against financial scams. Ten years after it was created, the Joint Unit has established itself in the regulatory… … and the widespread use of digital technology in the financial sector. This transformation in usage is being … and press releases to inform clients of new risks of financial scams on the Internet or through unsolicited … in French only) In 2020, in the context of the health crisis, the Joint Unit of the Autorité de Contrôle Prudentiel … |
19 May 2021 | AMF news release | The AMF Ombudsman publishes her 2020 annual report Marielle Cohen-Branche, Ombudsman of the Autorité des Marchés Financiers (AMF), has presented her annual report for the past year at a press conference. With the health crisis and market turmoil, the Ombudsman's office has been very active in responding to a sharp increase in requests. The surge of new retail investors on equity markets was… … should be vigilant, as well as the good practices that financial institutions should follow, particularly in terms … the flexibility they demonstrated during the crisis and their ability to provide investors with a … "savings account" services and trading in speculative financial products. … Risk of longer processing times in 2021 … |