02 December 2025 | Article | The AMF is updating its doctrine and practice in order to modernise and make the IPO process in France more attractive While maintaining a system that adresses investors' concerns, the AMF is offering greater flexibility for conducting of IPOs, drawing inspiration from foreign best practices.… requirement to provide the AMF with a certificate from the investment services provider (ISP) managing the IPO [13] and a … shares are offered internationally (private international investment, double listing, etc.); - the profile of the … |
27 November 2025 | Policy | Instruction DOC-2011-20 - … a KIID and a prospectus and periodic reporting for retail investment funds, funds of alternative funds and professional retail investment funds … Investment management companies Prospectus … AIF in France under the principle of freedom to provide services or the freedom of establishment. Where reference is … |
27 November 2025 | Policy | Instruction DOC-2012-06 - … professional funds, professional private equity investment funds and specialised financing vehicles … Investment management companies Periodic & ongoing … funds (AIFs) in France under the freedom to provide services or the freedom of establishment. By convention, any … |
27 November 2025 | Policy | Instruction DOC-2019-04 - … Real estate investment companies, Forestry investment companies and Forestry groups … Investment … annual reports, turnover or fees received for valuation services. In the case of SEFs and GFIs, investment management … |
27 November 2025 | Policy | Instruction DOC-2011-21 - … of a KIID and a prospectus, and reporting for employee investment undertakings … Investment management companies Prospectus Periodic & ongoing … funds (AIFs) in France under the freedom to provide services or the freedom of establishment. Note that in this … |
27 November 2025 | Policy | Instruction DOC-2011-22 - … a KIID and rules, and reporting for private equity funds … Investment management companies Periodic & ongoing … 3 Section I - Creation of a retail private equity investment fund … one or more AIFs in France under the freedom to provide services or the freedom of establishment. Where reference is … |
27 November 2025 | Policy | Instruction DOC-2011-23 - … and periodic information for real estate collective investment undertakings and professional real estate collective investment undertakings … Investment management companies … AIF in France under the principle of freedom to provide services or the freedom of establishment. Where reference is … |
26 November 2025 | In-depth | The Benchmarks Regulation The administration of indices used as benchmarks is subject to Regulation (EU) 2016/1011 of the European Parliament and of the Council of 8 June 2016. The Benchmarks Regulation aims to restore confidence in financial benchmarks by laying down a regulatory framework at European Union level covering the provision, contribution and use of benchmarks.… or an index that is used to measure the performance of an investment fund with the purpose of tracking the return of … to be used in new contracts, financial instruments and investment funds until 31 December 2021 while awaiting an … DOC-2014-01: Programme of activity of investment services providers and information provided to the AMF AMF … |
18 November 2025 | In-depth | The AIFM II Directive The AIFM II Directive modifies the rules applicable to UCITS and AIF management companies. This publication, which will be updated regularly, aims to raise awareness among management companies of the main developments provided for by the AIFM II Directive, which must be transposed by 16 April 2026, and which are likely to impact their activity…… to create a common market for undertakings for collective investment in transferable securities (UCITS) within the European Union. UCITS are investment funds that can take advantage of a general-public … clarification by explicitly identifying the functions and services that may be delegated or sub-delegated to third … |
14 November 2025 | AMF news release | The ACPR and the AMF present their joint approach helping professionals taking into account clients' sustainability preferences To support professionals, the ACPR and the AMF have jointly developed a pragmatic supervisory approach, aimed at facilitating the effective application of the regulatory requirements while maintaining a high level of client protection.… preferences … The regulatory framework requires financial investment advisers and life insurance professionals to assess their clients' investment profile: experience and knowledge, financial … integrate sustainability preferences into their advisory services. Where investor has expressed an interest in a … |
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