03 November 2025 | News | Individual investors remain active on the markets in the 3rd quarter of 2025 This past quarter, the number of equity investors remained at a high level, while activity on ETFs is still booming. … on the markets in the 3rd quarter of 2025 … Shares … ETF … Fixed income … |
03 November 2025 | Retail investors dashboard | The Active Retail Investor Dashboard - No.20 - October 2025 The Active Retail Investor Dashboard provides quarterly updates on individuals who have carried out at least one transaction on financial instruments in the past three months. … Investor Dashboard - No.20 - October 2025 … Shares … ETF … Fixed income … |
03 July 2025 | AMF news release | The AMF publishes its 2025 Markets and Risk Outlook Against a global backdrop marked by persistent trade tensions whose development could impact on growth prospects, the Autorité des Marchés Financiers (AMF) highlights the good resilience of the markets. However, it notes increased volatility across all asset classes, which could persist in the coming months. … and Risk Outlook … Risk and Trend Mapping … Markets … Fixed income … Asset management … |
22 April 2025 | News | Fees: the AMF updates its doctrine following the announcement of the abolition of transaction fees in situations of discretionary management Following the announced an amendment to its General Regulation extending the ban on transaction fees to the service of portfolio management on behalf of third parties (discretionary management), the Autorité des Marchés Financiers (AMF) has updated its doctrine to clarify how this ban will be implemented. … 28 Thus, when the fee paid by the issuer or vendor is fixed ex ante, even if it is expressed as a percentage of the … agreed in advance with the issuer or vendor. Because it is fixed and known in advance, this fee is similar to the fee … that they have no impact on the Custody account-keeper’s income statement, these UCITS or AIF entry fees do not fall … |
22 April 2025 | Policy | Position - Recommendation DOC-2013-10 - Inducements and fees received in connection with the distribution and discretionary management of financial instruments Position-Recommendation DOC-2013-10 clarifies the application of the regime governing inducements and fees received in connection with the distribution and discretionary management of financial instruments. … 28 Thus, when the fee paid by the issuer or vendor is fixed ex ante, even if it is expressed as a percentage of the … agreed in advance with the issuer or vendor. Because it is fixed and known in advance, this fee is similar to the fee … that they have no impact on the Custody account-keeper’s income statement, these UCITS or AIF entry fees do not fall … |
28 February 2025 | Report / study | Study of the performance of unlisted financial asset funds marketed to retail clients The AMF has published a study on the performance of unlisted financial asset funds, including private equity and private debt funds, marketed to retail clients. This study presents an overview of French unlisted financial asset funds aimed at retail clients, detailing their historical performance and analysing various quantitative indicators. This… … are closed to redemptions and offer their investors a fixed lifespan, generally of between 8 and 12 years, at the … ‘tax’ FCPRs offer tax advantages5 in the form of reduced income tax for investors. This advantage is granted in return … are closed to redemptions and offer their investors a fixed lifespan, generally of between 8 and 12 years, at the … |
05 February 2025 | AMF news release | The AMF approves its first bond prospectus for European green bonds under the ‘EuGB’ standard The AMF has approved a prospectus of Île-de-France Mobilités, enabling the first admission to trading on Euronext Paris of European green bonds under the EuGB standard and governed by French law. This issuance complies with the stipulations of the new European regulation which require the bond proceeds to be allocated to finance sustainable… … green bonds under the ‘EuGB’ standard … Prospectus … Fixed income … Sustainable Finance … |
31 January 2025 | Policy | Instruction DOC-2011-22 - … 7) x - Appropriation procedures: appropriation of net income and realised net capital gains x x Only in the case of … amount of remuneration for the financial year, split into fixed and variable remuneration, paid by the management … amount of remuneration for the financial year, split into fixed and variable remuneration, paid by the management … |
18 December 2024 | Policy | Position - Recommendation DOC-2012-19 - Programme of operations guide for asset management companies and self-managed collective investments This page is not translated in English at the moment … asset management companies includes projected accounts (income statement and statement of financial situation over … expenses; 3° Taxes, duties and other levies; 4° Payroll (fixed and variable); 5° Other day-to-day management. From … or an item on the statement of financial situation (fixed assets, claims against third parties, adjustment … |
25 October 2024 | Policy | Recommendation DOC-2024-05 - Closing of the 2024 accounts and examination of the financial statements … a new definition and presentation of exceptional income, eliminating the expense transfer technique, updating … necessary to comply with the new balance sheet and income statement templates in the first year of application. … they can be recognised as inventories or intangible fixed assets) or whether they should be treated as an … |
