19 March 2020 | News | Market activities continuity during the coronavirus pandemic– the AMF states its expectations In order to fully accompany financial market professionals in the current context, the AMF reminds the financial industry of the various requirements arising from the European texts. Where possible, for example in the case of non-critical requirements, the Authority has decided to grant participants time extensions. … states its expectations … The AMF is in close contact with financial institutions, as well as with other national and … … The recent instructions given by the government allow financial sector employees, when homeworking is not possible, … of markets and participants, especially in times of crisis. Participants must ensure that the transmission of … |
18 March 2020 | AMF news release | Press release on shareholders general meetings of listed companies As part of its core missions, which include the protection of savings and investor information, the AMF pays particular attention to the exercise by shareholders of their prerogatives concerning the general meetings of listed companies. … Commercial Code. To encourage remote voting in this health crisis context, the AMF recommends that listed issuers … responsible for ensuring that savings invested in financial products are protected and that investors are … general meetings of listed companies … Covid-19 … Financial disclosures & corporate financing … |
08 January 2020 | Report / study | Key figures for asset management in 2018 - Control systems in portfolio asset management companies In 2018, the number of employees working in compliance and internal control in the French asset management industry was practically stable compared with 2017. The number of person-days dedicated to this function rose slightly by 1.6%, from 124,920 to 126,978 between 2017 and 2018. Nevertheless, we observed another slight drop in the number of… … tightening of the regulatory framework since the 2008 financial crisis has led companies to expand their compliance and … risk management function owing to the nature of the financial instruments used and the complexity of the … |
16 December 2019 | AMF news release | The AMF publishes a review of its thematic inspections of the cybersecurity systems in place in asset management companies In accordance with its supervision priorities for the current year, the Autorité des Marchés Financiers reviewed the cybersecurity systems of five asset management companies. Based on its observations, it highlights the good practices noted. … the collaborative working capacity of key personnel in a crisis situation, (ii) the ability to restore backup data, … responsible for ensuring that savings invested in financial products are protected and that investors are … |
03 October 2019 | Public statements | Speech by Robert Ophèle, AMF Chairman - AFME European Compliance and Legal Forum - « Ai, Blockchain & Cryptoassets - Disruptive technology shaping the future of regulation & compliance » - 3 October 2019 in Paris Check against delivery … such as AI or DLT are about to profoundly reshape the financial industry has already been discussed for quite some … this week was “Blockchain: disillusionment descends on financial services”. Nevertheless, when I see the reactions … first significant cost increases, largely due to post-crisis regulatory changes, second the difficulty of … |
11 July 2019 | Public statements | Speech by Robert Ophèle, Chairman of the AMF at the European Fund and Asset Management Association's Annual General Meeting - 21 June 2019 … asset management industry. Throughout the world, after the financial crisis and the strengthening of banking regulation we have seen a transfer of financial intermediation from the banking industry to the … |
02 July 2019 | AMF news release | The Autorité des marchés financiers publishes its 2019 markets and risk outlook In a year marked by economic slowdown, geopolitical uncertainty and extremely low interest rates, the two main vulnerabilities identified in the 2019 edition are market correction and high debt levels. The third risk is the transformation of the financial sector in Europe, which is synonymous with possible pressure on the costs and profitability… … to be the highest risk today. The valuation levels of financial assets remain very high. On the equity markets, … markets continue to decrease as the deployment of post-crisis measures comes to an end. However, new risks have been … responsible for ensuring that savings invested in financial products are protected and that investors are … |
02 July 2019 | Report / study | 2019 Markets and Risk Outlook The AMF issued its 2019 Markets and Risk Outlook, a yearly risk assessment based upon the economic, financial and regulatory evolutions. It focuses more specifically on the financing of the economic activity, on the financial markets' structure, on the asset management industry and on the household savings. … Outlook, a yearly risk assessment based upon the economic, financial and regulatory evolutions. It focuses more … on the financing of the economic activity, on the financial markets' structure, on the asset management … Trend Mapping … AIFMD … Europe & international … Financial Crisis … Savings protection … |
27 February 2019 | Public statements | Speech by Robert Ophèle, AMF Chairman - 'Innovation and regulation: The french approach to crypto' - 3rd Annual Fintech Conference - Brussels - 26 February 2019 … is also about customer protection and, when it comes to financial services, about financial stability, a key reason why the financial services … the risks that had materialized during the last financial crisis. In today's environment characterized by high … |
23 January 2019 | Report / study | First results from AIFM reporting In response to the 2008 financial crisis, the AIFM Directive imposes a set of requirements on asset managers, including a reporting to regulators. This first study on alternative funds in France provides information on funds' portfolio, their exposures and their risk level. On the whole, the majority of AIFs are traditional funds, whereas there… … reporting … Télécharger le contenu In response to the 2008 financial crisis, the AIFM Directive imposes a set of requirements on … … In response to the 2008 financial crisis, the AIFM Directive imposes a set of … |