29 November 2021 | AMF news release | The AMF announces two appointments to the Regulatory Policy and International Affairs Directorate (DRAI) Kheira Benhami has been appointed Chief Economist and Director of the Analysis, Financial Stability and Risks Division at the DRAI as of 2 November, while Ianja Ramananarivo was appointed Head of the Issuer Regulation Division of the DRAI on 1 July.… her career at the French Treasury where she joined the Financial Sector Economic Analysis Unit of the Economic Financing Department. There, … In 2015, she was appointed Deputy Head of the Analysis, Financial Stability and Risks Division in the Regulatory … |
22 November 2021 | Ombudsman’s Blog | A stock exchange order must be able to be cancelled or altered as long as it has not been executed It sometimes happens that investors do not benefit from the possibility of cancelling or altering their order submitted to the market, although there would still be time, for example during a phase of suspension of trading, to prevent it from being executed at a very different price from what was expected. But what happens when a client wants…… Mr X. tried to log in to the stock exchange area of his financial intermediary's website to check whether his buy … even though the credit balance was insufficient. Then, his financial intermediary sent him an email ordering him to make … Upon receiving this information, I carried out a thorough analysis of the case. First, I noted that the A share had … |
09 November 2021 | Report / study | Overview and inventory of French funds' liquidity management tools: dynamic view since 2017 and update as at mid-2021 This article presents an update of the analysis of French-domiciled funds’ prospectuses carried out jointly by the Autorité des marchés financiers and the Banque de France. The first contribution of this new study is to bring a time dimension to the study of the deployment of liquidity management tools in investment funds since the implementation…… le contenu This article presents an update of the analysis of French-domiciled funds’ prospectuses carried out … since the implementation of the recommendations of the Financial Stability Board (2017) and of the International … the French regulatory framework, are a response to the financial stability issues that have been identified … |
29 October 2021 | Public statements | Speech by Robert Ophèle, AMF Chairman - Banque de France/University of Orléans conference: "Crypto-assets and cybersecurity: innovations and issues - Challenges facing the regulation of crypto-assets" (University of Orléans) –15 October 2021 … advice, and so in 2017 we carried out an initial legal analysis of the phenomenon and consulted the marketplace on a … for national regulation of digital assets not representing financial securities, when it came to financial securities, and in particular financial securities … |
29 October 2021 | Policy | Recommendation DOC-2021-06 … Closing of the 2021 financial statements and financial statements examination work … Other professionals … 13 2.3. Particular aspects for analysis and information to be presented in the financial … |
28 October 2021 | Public statements | Speech by Robert Ophèle, AMF Chairman - 60th anniversary of SFAF -21 october 2021 … of the 60th anniversary of the French Society of Financial Analysts. The SFAF has played an essential role in developing financial analysis in Paris. This analysis is vital to the proper … |
27 October 2021 | AMF news release | Granting loans: the AMF publishes the findings of its inspections of six asset management companies The AMF has examined the organisation and lending practices of six asset managers. In its summary document, it identifies possible areas of improvement.… related to this activity, loan structuring arrangements, financial management of the AIFs concerned, control systems. … the need to clarify certain procedures relating to credit analysis, collateral management and debt recovery, the need … responsible for ensuring that savings invested in financial products are protected and that investors are … |
14 October 2021 | News | Certification in sustainable finance: the AMF names the first certified training organisations Acting on a proposal by the Financial Skills Certification Board (HCCP), the AMF has decided to certify four training organisations to organise the new module for verifying the knowledge of professionals in sustainable finance.… needs. They may be people working in areas such as financial analysis, marketing, investor relations and communication. … of certified organisations. Acting on a proposal by the Financial Skills Certification Board (HCCP), the AMF has … |
11 October 2021 | Public statements | Keynote speech by Robert Ophèle, Chairman of the AMF - conference "The Attractiveness of the Paris Financial Centre" for La Nuit du Droit - 4 October 2021 … of the AMF - conference "The Attractiveness of the Paris Financial Centre" for La Nuit du Droit - 4 October 2021 … … are many factors that facilitate the development of a financial centre. There is of course the strength of the … At the end of 2017, the AMF published an initial legal analysis of digital assets and the results of a market … |
08 October 2021 | Public statements | Keynote speech by Robert Ophèle, AMF Chairman - AFME’s 5th Annual European Compliance and Legal Virtual Conference – 7 October 2021 … they have triggered heated discussions in the financial industry community and, I must admit that … AFME. I can understand the rationale behind the diverging analysis and, to some extent, the reluctance to make major … |
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