16 June 2023 | Policy | Position DOC-2023-05 AMF Position DOC-2023-05 sets out requirements applicable in relation to ECSPs’ marketing communications. It provides clarifications regarding correctness, clarity and non-misleading nature of the information these marketing communication contain, as well as in terms of visual aspects, comparisons between products, vocabulary used,… … Marketing communications of crowdfunding services providers … Investment services providers Investment services … de référence … Article L. 547-2 of the French Monetary and Financial Code (in French Only) Articles 27 and 28 of … |
12 June 2023 | News | MiFID II suitability assessment: the AMF applies the updated ESMA guidelines The Autorité des Marchés Financiers (AMF) has published an update to its Position DOC-2019-03 to incorporate updates to the guidelines issued by the European Securities and Markets Authority (ESMA) on certain aspects of the MiFID II suitability requirements. The AMF also updaties its Position-Recommendation DOC-2006-23 to extend the scope of these… … when providing investment advice or portfolio management services to reflect: the publication of Delegated Regulation … force on 2 August 2022 and requires investment service providers to collect any sustainability preferences the … Questions and answers on the rules that apply to financial investment advisers (in French only) AMF Position … |
22 May 2023 | News | MiFID II remuneration requirements: the AMF applies the ESMA Guidelines The Autorité des Marchés Financiers (AMF) has published a Position DOC-2023-03 to incorporate the guidelines of the European Securities and Markets Authority (ESMA) on certain aspects of the MiFID II remuneration requirements. This position will come into force on October 3rd, 2023. … the entry into force of MiFID 1 and in particular the financial crisis of 2007, a regulatory framework dedicated to … of the conflicts of interest rules. Investment service providers - hereafter "ISP", including asset management companies that provide investment services, are thus required to develop and implement … |
16 May 2023 | News | Reporting under Article 29 of the Energy-Climate Law: the AMF updates its policy on how to prepare and submit reports Following the approval of amendments to its General Regulation, the AMF has updated its policy to specify the procedures for preparing and submitting the report required under Article 29 of the Energy-Climate Law (LEC 29) from investment services providers (ISPs), including asset management companies. … market participants more transparent about their non-financial practices, in particular the consideration of … DOC-2014-01: Programme of activity of investment services providers and information provided to the AMF (in French … |
16 May 2023 | Policy | Instruction DOC-2014-01 … Programme of activity of investment services providers and information provided to the AMF … Investment … Pursuant to Article L. 532-1 of the Monetary and Financial Code, "In order to provide investment services1, … |
08 May 2023 | | Article 314-32 Book III - Service providers > Title I - Investment services providers > Chapter IV - Conduct of business rules > Section 9 - Reporting to the AMF … Article 314-32 … Within six months of the end of the financial year, investment services providers shall send the AMF, in accordance with Article D. … |
27 April 2023 | AMF news release | Provision of market data: the AMF conducts a series of SPOT inspections and identifies shortcomings in compliance with requirements The AMF has published a summary of the findings of a series of short, thematic inspections of four firms providing market data. Four years after the entry into force of the obligations imposed by the Markets in Financial Instruments Regulation (MiFIR), the AMF has identified shortcomings in their compliance with the requirements of the European… … essential for creating and managing portfolios, selecting financial products in the context of investment advisory services, and receiving and transmitting orders on behalf of … … Other professionals … Journalists … Investment services providers … Provision of market data: the AMF conducts a … |
27 April 2023 | Spot Inspections | Summary of SPOT inspections on the provision of market data In line with the supervisory priorities of the Autorité des Marchés Financiers for 2022 and in relation to the strategic supervisory priorities of the European Union, a series of short thematic “SPOT” inspections targeting the provision of market data were conducted over the period from March to July 2022. These inspections took place within the… … by Regulation (EU) 600/2014 of 15 May 2014 on markets in financial instruments (MiFIR), which came into force on 3 … data … Spot Inspections … Other professionals … Investment services providers … Summary of SPOT inspections on the provision of … |
26 April 2023 | News | Crypto-asset markets: the MiCA regulation adopted by the European Parliament The European regulation on crypto-asset markets ("Markets in Crypto-Assets" or "MiCA") was adopted by the European Parliament on Thursday 20 April. The Autorité des Marchés Financiers (AMF) is preparing the transition towards MiCA and is contributing to the drafting of the implementing technical standards and guidelines that are to be published by… … that are not covered by existing European regulations on financial instruments and products, and create a balanced … (including stablecoins), as well as the provision services in relation to such crypto-assets. It also contains … coin offerings (ICOs) and for digital asset service providers (DASPs). The MiCA regulation requires mandatory … |
18 April 2023 | In-depth | AMF Examination: Test of Minimum Knowledge Who are the professionals concerned by the test of minimum knowledge regarding the financial, regulatory and ethical environment? What is the difference for employees between the internal test and the AMF examination? Find all the useful information here. … concerned by this system … Investment service providers, including portfolio asset management companies and financial investment advisors, must check that the persons … advice or information on financial instruments, investment services or ancillary services for clients; Manager: any … |