30 September 2022 | Report / study | Findings of studies conducted on the readibility of information documents The Autorité des Marchés Financiers set up in 2018 a monitoring of retail investors’ perceptions of the clarity of the regulatory documents. This synthesis summarizes the findings of the studies conducted on different kinds of investment, which reveals difficulties of understanding and the need for a less technical language. … findings of the studies conducted on different kinds of investment, which reveals difficulties of understanding and … conducted on the readibility of information documents … Long term investment … |
15 September 2022 | AMF news release | The AMF creates a working group on equity savings plans (PEAs) The AMF Board has decided to look into the difficulties encountered by some retail investors in using their equity savings plans (PEAs). The working group will identify the most contentious issues and propose solutions. … in assets. The rules governing the operation of this investment vehicle, which are set out in the Monetary and … on equity savings plans (PEAs) … Equity Savings Plan … Long term investment … Savings protection … |
26 July 2022 | Policy | Instruction DOC-2010-09 … 17 INTRODUCTION The AMF General Regulation requires that investment services providers and financial investment … “Certified organisations” contribute to the creation and long-term continuity of the AMF examination. The structure … |
11 July 2022 | Retail investors dashboard | The Active Retail Investor Dashboard - No.7 - July 2022 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. … - July 2022 … Retail investors dashboard … Journalists … Investment services providers … Investment management … Retail Investor Dashboard - No.7 - July 2022 … Shares … Long term investment … Collective investments … |
29 June 2022 | Household Savings Newsletter | AMF Household Savings Observatory Newsletter - No. 49 - June 2022 As every year, the AMF Household Savings Observatory Newsletter describes the evolution of securities holding. Kantar's SoFia survey shows a stability in the reported holding rate of shares directly. However, this overall stability means a rejuvenation of the population of individual shareholders. … - June 2022 … Household Savings Newsletter … Journalists … Investment services providers … Investment management … Observatory Newsletter - No. 49 - June 2022 … Shares … Long term investment … Collective investments … |
23 May 2022 | News | The AMF updates its policy on funds with high fees Following the Common Supervisory Action (CSA) on the practices of portfolio asset management companies with regard to management costs and fees, the AMF has reviewed the marketing of active funds that are close to their benchmark and passive funds with high fees, and has decided to upgrade its policy in order to specify the requirements applicable… … the information to be provided to investors in collective investment undertakings referring to a benchmark index issued … funds that closely tracks their benchmark index over the long term, the AMF decided to specify the checks that distributors … |
19 April 2022 | Retail investors dashboard | The Active Retail Investor Dashboard - No.6 - April 2022 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. … … Executive & other private individuals … Journalists … Investment services providers … Investment management … Retail Investor Dashboard - No.6 - April 2022 … Shares … Long term investment … Financial services providers … |
04 April 2022 | AMF news release | The AMF announces the appointment of Jessica Reyes as Director of the Asset Management Regulation Division Jessica Reyes, currently Senior Policy Officer at the Regulatory Policy and International Affairs Directorate, has been appointed as of March 1st, 2022 Director of the Asset Management Regulation Division in the same Directorate, under the responsability of Jérôme Reboul, Managing Director and Frédéric Pelèse, Deputy Executive Director.
… an analyst at State Street Bank & Trust, then at Schroders Investment Managers where she worked on fund valuation. In … Fund Managers Directive (AIFMD) and the European Long Term Investment Funds Regulation (ELTIF). At the … |
21 March 2022 | Policy | Position - Recommendation DOC-2014-06 The AMF recommendation DOC-2014-06 details the expectations of the AMF for the operation and organisation of compliance, risk management, internal monitoring and periodic control functions within asset management companies (AMCs). This guide specifies, notably, how different control functions should be structured and is aimed at AMCs that manage… … risk management system within asset management companies … Investment management companies Organisational rules Policy … Let us consider the example of a UCITS implementing a long equity strategy, which involves buying equities and … Tasks of the permanent risk management function 6 The term “CoCos” (short for “contingent convertibles” or … |
21 March 2022 | Policy | Instruction DOC-2012-01 Collective investment undertaking management activities and discretionary portfolio management investment services are subject to specific risk management organisation rules (counterparty, liquidity and market risks and operational risk). The instruction DOC-2012-01 defines the permanent risk management function, the procedures for delegation to… … Risk management organisation for collective investment undertaking management activities and … ‐ marked non-directional arbitrage strategies; ‐ long/short or market-neutral strategies presenting high basis … financial instruments that can be termed 'simple'. 6 The term “CoCos” (short for “contingent convertibles” or … |