08 March 2023 | Report / study | Retail investor activity and standard profiles This new study from the Autorité des Marchés Financiers details for the first time retail investor activities according to their sex and age, in order to determine their standard profiles. In 2022, 70% of active retail investors are men and 30% are women. Their behaviour differs according to their age, as men make more transactions in the earliest… … standard profiles … Financial products … Equity … Order … MIFID … Marketing … |
07 March 2023 | AMF news release | Mystery shopping campaign to bank branches: progress made in the questioning to client, improvements needed in the information provided The new AMF mystery shopping campaign, carried out for the first time as part of a European exercise coordinated by ESMA, shows that institutions are conducting a more in-depth analysis of the situation of future clients than in the previous wave. However, there is still significant work to be done on how fees are presented and on providing… … from the Markets in Financial Instruments Directive (MiFID II). These visits are carried out by a specialised … over a ten-year period, in preparation for retirement. MiFID II requires investment services providers to collect … visited have generally improved the way they take MiFID II obligations into account when questioning the … |
07 March 2023 | Report / study | Results of the 2022 “risk-averse” and “risk-loving” mystery shopping campaigns In 2022, with the help of the IPSOS research institute, the Autorité des Marchés Financiers (AMF) conducted two in-branch mystery shopping campaigns, one risk-averse and one risk-loving. For the first time since the AMF began conducting mystery shopping in 2010, the operation was part of a European study, coordinated by the European Securities and… … and “risk-loving” mystery shopping campaigns … MIFID … Supervision … Disclosure Obligations … Marketing … |
06 March 2023 | Household Savings Newsletter | AMF Household Savings Newsletter - No. 51 - March 2023 This letter of the AMF Household Savings Newsletter presents the main results of the mystery shopping campaign in bank branches conducted by the AMF in 2022. Progress has been made, but MiFID 2 is still not fully implemented. … conducted by the AMF in 2022. Progress has been made, but MiFID 2 is still not fully implemented. AMF Household Savings … conducted by the AMF in 2022. Progress has been made, but MiFID 2 is still not fully implemented. … AMF Household … |
16 February 2023 | Policy | Position - Recommendation DOC-2011-24 … has not been updated to reflect the texts which transpose MiFID II and separate the legal framework for investment … customers, at professional customers as set forth in MIFID, or at both types of customers. The asset management … on all the questions and answers about the impact of the Mifid directive on the information documents of UCITS and … |
16 February 2023 | Policy | Instruction - Position - Recommendation DOC-2019-12 … and of the Council of 15 May 2014, referred to as "MiFID II", transposed into the Monetary and Financial Code, … and by certain provisions of the AMF General Regulation. MiFID II reinforces the existing obligations and introduces … |
10 February 2023 | News | Marketing of financial products to ageing populations: publication of an independent academic research report on customer relations and sales processes Financed by the European Union through the Technical Support Instrument (TSI), this sociological study was carried out under the scientific direction of the University of Paris-Dauphine and Sciences Po Paris, in cooperation with the Directorate-General for Structural Reform Support (DG Reform) of the European Commission. It explores the… … down in the Markets in Financial Instruments Directive (MiFID) and the Insurance Distribution Directive (IDD), in … |
24 January 2023 | AMF news release | Over 1.5 million retail investors bought or sold shares in 2022 The ninth edition of the AMF's Active Retail Investor Dashboard shows that many retail investors continued to invest in the stock market last year, notwithstanding a more challenging environment, after an exceptional year in 2021. This is higher than in 2020 and previous years. … of the EU Markets in Financial Instruments Directive (MiFID II) in January 2018. Due to late or adjusted reporting … |
10 January 2023 | Article | Our priorities for Action and Supervision Each year, the AMF publishes its action and supervisory priorities. In 2023, our focus will be on four main areas: promote finance that meets the new expectations of retail investors, take up European and international challenges, develop the regulatory framework for sustainable finance and combat greenwashing, ensure robust and efficient… … down in the Markets in Financial Instruments Directive (MiFID), with special focus on the online customer journey; … |
09 January 2023 | AMF news release | The AMF has published its action and supervisory priorities for 2023 On the occasion of her New Year address to the press, AMF Chair Marie-Anne Barbat-Layani presented the AMF’s priorities for the coming 12 months. These include working to enhance retail investor protection and pursuing its commitment to sustainable finance and financial innovation. … down in the Markets in Financial Instruments Directive (MiFID), with special focus on the online customer journey; … will be starting work on the adoption of the provisions of MiFID II and the Insurance Distribution Directive (IDD) by … |