19 October 2021 | Spot Inspections | Summary of SPOT inspections on governance of financial instruments As announced in the 2020 supervision priorities of the Autorité des Marchés Financiers (hereinafter "the AMF"), a series of short thematic “SPOT” inspections relating to governance of financial instruments were carried out during the period from October 2020 to February 2021. These inspections took place in line with the provisions of Directive… … of 15 May 2014 on markets in financial instruments ("MiFID II"), supplemented by Commission Delegated Directive … of 15 May 2014 on markets in financial instruments ("MiFID II"), supplemented by Commission Delegated Directive … on governance of financial instruments … Marketing … MIFID … Financial products … |
18 October 2021 | News | Market Data: the AMF applies ESMA Guidelines The Autorité des Marchés Financiers (AMF) will apply ESMA Guidelines on the MiFID II/MiFIR obligations on market data (ESMA70-156-4263). … regime under MiFIR (articles 13, 15(1) abd 18(8)) and MiFID (articles 64(1), 64(2), 65(1) and 65(2)). The … after publication. … Read more … Final guidelines on the MiFID II/ MiFIR obligations on market data The Autorité des … Marchés Financiers (AMF) will apply ESMA Guidelines on the MiFID II/MiFIR obligations on market data (ESMA70-156-4263). … |
14 October 2021 | Public statements | Speech by Robert Ophèle, AMF Chairman – OMFIF Conference (Official Monetary and Financial Institutions Forum) - “Economic position of Europe, integration, and reforms” – 14 October 2021 … them on the basis of their track record: we have the MIFIR/MIFID review, the AIFMD and ELTIF review, the CSDR review … minutes would be game changers. This will be part of the MIFID-MIFIR review, which is indeed a very welcome … |
08 October 2021 | Public statements | Keynote speech by Robert Ophèle, AMF Chairman - AFME’s 5th Annual European Compliance and Legal Virtual Conference – 7 October 2021 … will have MICA and the DLT Pilot Regime, AIFMD and ELTIF, MiFID-MiFIR. I will focus on this last package, which may be … could - and some of them should - be covered in the MiFIR/MiFID review; many have been discussed in numerous recent … in particular, those previously outside the scope of MiFID I, the overall objective of MiFID II / MiFIR to promote … |
05 October 2021 | AMF news release | AMF position to encourage retail participation in EU capital markets In-line with the AMF’s response to the consultation of the European Commission on a retail investment strategy, the regulator outlines its recommendations to meet retail investors’ needs. The main objectives is to empower them with adequate knowledge, information and advice, while ensuring investor protection for safe cross-border investments… … protection in the absence of unified supervision. The MiFID II review offers a chance to strengthen coordination … products that are tailored to their needs. Under the MIFID II framework, product governance obligations should be … |
04 October 2021 | News | The AMF and the European Central Bank (ECB) sign a supervisory cooperation arrangement The Memorandum of Undertanding (MoU), signed on August 26, 2021, between the AMF and ECB, will provide a framework for the exchange of information between the two institutions and allow them to complete the information available to each of them, in order to carry out their supervisory role over the firms placed under their common supervision. … from the directive on markets in financial instruments (MiFID). With this MoU, both institutions will use their best … |
28 September 2021 | AMF news release | Sustainable finance: for 76% of French people, the environmental impact of investments is an important issue The Autorité des Marchés Financiers (AMF) has published the results of two studies of French people's perceptions of responsible or sustainable financial products and the expectations of retail investors. These studies show an interest among private individuals, as well as a great need for education and transparency to increase awareness of and… … the European Markets in Financial Instruments Directive (MiFID II) will require financial advisers to obtain their … |
30 August 2021 | Report / study | Summary of consumer “digital journey” tests conducted under MIF2 In the last quarter of 2020, consumer tests were carried out to examine whether the information provided by online financial services providers allows for the promotion of informed consent from the client, as provided for in the Markets in Financial Instruments Directive (MiFID2). This study highlights the good and bad practices observed on the… … of consumer “digital journey” tests conducted under MIF2 … MIFID … Marketing … |
29 July 2021 | Bilateral MoU | SEC-2021- MoU to allow French Security Based Swap Dealers (SBSD) to benefit from a substituted compliance regime Memorandum of understanding between the Securities and Exchange Commission of the United States, the Autorité des marchés financiers of France and the Autorité de contrôle prudentiel et de résolution of France, concerning consultation, cooperation and the exchange of information related to the Supervision and oversight of certain cross-border over… … under the Markets in Financial Instruments Directive (MiFID), Directive (EU) 2014/65; EU delegated directives and … under the Markets in Financial Instruments Directive (MiFID), Directive (EU) 2014/65; EU delegated directives and … |
29 July 2021 | Bilateral MoU | SEC-2021- MoU regarding the regime applicable to Security Based Swap Dealers (SBSD) in the U.S Memorandum of understanding between the Securities and Exchange Commission of the United States, the Autorité des marchés financiers of France and the Autorité de contrôle prudentiel et de résolution of France, concerning consultation, cooperation and the exchange of information related to the Supervision and oversight of certain cross-border over… … under the Markets in Financial Instruments Directive (MiFID), Directive (EU) 2014/65; EU delegated directives and … under the Markets in Financial Instruments Directive (MiFID), Directive (EU) 2014/65; EU delegated directives and … |