29 July 2019 | News | Creation of an AMF Climate and Sustainable Finance Commission The AMF's Climate and Sustainable Finance Commission, whose creation was announced on 2 July 2019, will bring together stakeholders on the subject of sustainable finance. Its role will be to assist the Authority in carrying out its regulatory and supervisory missions on issues related to sustainable finance. It will work closely with the Autorité… … interaction between climate risk, environmental, social or governance risks and financial assets, industrial policies … field of analysis. A charter governing the Commission's governance and operating rules will be established before the … |
15 July 2019 | AMF news release | The AMF publishes a summary of socially responsible investment practices observed during its thematic inspections As part of its short, thematic "SPOT" (Supervision des Pratiques Opérationnelle et Thématique - operational and thematic supervision of practices) inspections, the AMF examined the socially responsible investment (SRI) systems implemented by five asset management companies (AMCs) and the integration of environmental, social and governance (ESG)… … relating to the achievement of social, environmental or governance quality objectives into their investment policy. … (AMCs) and the integration of environmental, social and governance (ESG) criteria. The aim is to ensure that SRI … (AMCs) and the integration of environmental, social and governance (ESG) criteria. The aim is to ensure that SRI … |
06 June 2019 | Policy | Instruction DOC-2019-06 This instruction is adopted pursuant to the provisions of Articles 711-1 to 715-2 of the AMF General Regulation relating to initial coin offerings. It defines, in particular, the procedures for examination of the information document, describes its content in detail and specifies the conditions applicable to marketing material. … of the persons involved and the nature of the interest Governance principles of the legal entity Appointment of an … market or to the issuer's project Decision-making and governance mechanisms of the project Subscribers for whom … |
20 May 2019 | News | Publication by ESMA of technical advice on the integration of ESG risks and factors The European Commission has made sustainable finance one of its priorities, with the launch of an Action Plan in March 2018. In this context, in early May ESMA published two sets of technical advice for investment services and asset managers on the integration of environmental, social and governance (ESG) risks and factors. … of the advice concerns the rules applicable to product governance: this involves taking into account the changes … the importance of clarifying the environmental, social and governance terminology used in order to permit consistent … managers on the integration of environmental, social and governance (ESG) risks and factors. Publication by ESMA of … |
15 May 2019 | Public statements | Speech by Robert Ophèle, AMF Chairman - Presentation of the AMF 2018 annual report - Tuesday 7 May 2019 … by at least five Board members. Turning to ESMA's governance, here only minor changes have been made, which … plenty of scope for clashes of/on national interests. Governance could even become more complex by the introduction … |
07 May 2019 | AMF news release | The Autorité des marches financiers publishes its 2018 annual report During the presentation of the AMF's activity report to the press, Robert Ophèle, the Chairman, took the opportunity to discuss the priorities for the next European term from the regulator's perspective. He also reviewed the new responsibilities assigned to the AMF under the PACTE draft law (Action Plan for Business Growth and Transformation). … especially on how to integrate environmental, social and governance factors into risk management, investment … |
11 March 2019 | AMF news release | Appointment of Nicolas Salles to the Autorité des Marchés Financiers as Chief Data Officer In a regulatory environment marked by increasingly broad reporting to the regulators, Nicolas Salles, who joined AMF on 10 January 2019, is responsible for optimising data asset management and is the facilitator and key coordinator of the data governance system for AMF. He reports to Philippe Guillot (member of the AMF Executive Committee). … Nicolas took part more particularly in regulatory and data governance projects in financial institutions. In 2010, … of Head of Data repository, Head of Data Coordination and Governance Office and then Head of Data Solutions. Nicolas … and is the facilitator and key coordinator of the data governance system for AMF. He reports to Philippe Guillot … |
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 … or permission-less, which propose a vast array of governance forms. Beyond proving how vibrant such ecosystem … |
11 January 2019 | AMF news release | The Autorité des marchés financiers unveils its priorities for 2019 During his New Year address to the press, AMF Chairman Robert Ophèle issued a wake-up call for greater European integration in the run-up to Brexit and the European elections, in order to ensure a strong and competitive Capital Markets Union. … as the rules of transparency, better execution and product governance. … Modernising the AMF … The final priority of the … |
03 January 2019 | News | MiFID II and the new rules applicable to asset management companies: new update to AMF policy The Autorité des Marchés Financiers (French Financial Markets Authority, or AMF) is continuing to update its policy (instructions, positions and recommendations) to take account of the impact of the legislative and regulatory provisions arising from MiFID II and the creation of separate legal structures for asset management companies (AMCs) and… … Securities and Markets Authority on financial instrument governance. It is recalled that the AMF General Regulation … is amended to include (i) the addition on product governance and (ii) keeping the client informed on topics to … |