30 July 2026 | News | Money market funds: the ANC has confirmed the presumption of classification as "cash equivalents" Directive (EU) 2024/927 of 13 March 2024 ("AIFMD II") requires that asset management companies select at least two liquidity management tools for UCITS and open-ended AIFs. By way of derogation, funds authorised under Regulation (EU) 2017/1131 on money market funds (the "MMF Regulation") must select at least one liquidity management tool.… Regulation (EU) 2017/1131 on money market funds (the "MMF Regulation") must select at least one liquidity … Regulation (EU) 2017/1131 on money market funds (the "MMF Regulation") must select at least one liquidity … Regulation (EU) 2017/1131 on money market funds (the "MMF Regulation") must select at least one liquidity … |
23 July 2026 | News | The Autorité des Marchés Financiers (AMF) is updating its doctrine in light of the recent revision of the European Benchmarks Regulation and the new regulatory framework for deposits with the Caisse des Dépôts et Consignations The Autorité des Marchés Financiers (AMF) is updating its doctrine to take into account, on the one hand, the impacts of the revision to Regulation (EU) 2016/1011 on indices used as benchmarks (BMR), which was published in May 2025 and, on the other hand, to specify the procedures for liquidators of UCITS or AIFs who are forced to deposit sums…… instruction. Article 2-5 – Dépôt d’une demande d’agrément MMF Le règlement (UE) 2017/1131 du Parlement européen et du … du 14 juin 2017 sur les fonds monétaires, dit « règlement MMF », est entré en application le 21 juillet 2018. Tout … en plus de l’agrément en tant qu’OPCVM, un agrément MMF, et choisir l’une des quatre classifications visées aux … |
23 July 2026 | Policy | Instruction DOC-2011-20 - … of the reference UCITS or AIF. Article 2-3 – Filing an MMF authorisation application Regulation (EU) 2017/1131 of … and of the Council of 14 June 2017, known as the “MMF Regulation”, came into force on 21 July 2018. Any AIF … fund within the meaning of said regulation, must obtain an MMF authorisation in addition to its authorisation as an … |
23 July 2026 | Policy | Instruction DOC-2012-06 - … PROCEDURES FOR MAKING DISCLOSURES AND WHERE APPLICABLE FOR MMF AUTHORISATION … – Specific features of the regime of Article 17(7) of the MMF Regulation – investment of fund assets in money market … PROCEDURES FOR MAKING DISCLOSURES AND WHERE APPLICABLE FOR MMF AUTHORISATION Section I – Formation of a specialised … |
23 July 2026 | Policy | Instruction DOC-2011-19 - … can be found in Annex I. Article 2-5 – Filing an MMF authorisation application Regulation (EU) 2017/1131 of … of 14 June 2017 on money market funds, known as the “MMF Regulation”, came into force on 21 July 2018. Any UCITS … fund within the meaning of said regulation, must obtain an MMF authorisation in addition to its authorisation as a UCITS … |
23 July 2026 | Policy | Instruction DOC-2011-21 - … for the management company. Article 2-4 – Filing an MMF authorisation application Regulation (EU) 2017/1131 of … and of the Council of 14 June 2017, known as the “MMF Regulation”, came into force on 21 July 2018. Any … fund within the meaning of said regulation, must obtain an MMF authorisation in addition to its authorisation as an … |
03 July 2026 | Report / study | 2026 Markets and Risks Outlook The AMF publishes its 2026 Markets and Risk Outlook, its annual description of trends and assessment of vulnerabilities and their impact on the financing of the economy, markets, investment funds and household savings.… of variable net asset value funds (VNAVs). The MMF Regulation 94 distinguishes between short-term VNAVs and … - 68 - assets at the end of 2025.95 Under the MMF Regulation, money market funds must maintain minimum … .org/sites/institutionnel/files/private/2026-03/publication_mmf_nouveau_format_0325.pdf - 69 - Box 10: Regulatory changes … |
21 May 2026 | News | The AMF complies with ESMA’s guidelines on updating the stress scenario parameters provided for in Article 28 of the Money Market Funds Regulation for 2026 The Autorité des Marchés Financiers (AMF) has updated its position DOC-2018-05 to include references to the European Securities and Markets Authority’s (ESMA) guidance on updating stress test scenarios, in accordance with Article 28 of the Money Market Funds Regulation. … 28 of Regulation (EU) 2017/1131 on money market funds (MMF Regulation), the manager of a money market fund is … testing scenarios on the fund. Under Article 37 of the MMF Regulation, the results of stress testing for a money … funds ESMA Guidelines on stress test scenarios under the MMF Regulation AMF Position DOC-2018-05: requirements under … |
21 May 2026 | Policy | Position DOC-2018-05 - Requirements under the european money fund regulation AMF Position DOC-2018-05 includes the ESMA guidelines for stress test scenarios on money market funds.… Investment management companies MMF Europe & international Asset management Policy AMF … Investment management companies MMF Europe & international Asset management Policy AMF … Investment management companies MMF Europe & international Asset management Policy AMF … |
31 March 2026 | Spot Inspections | Summary of SPOT inspections of the compliance and internal control functions within asset management companies The scope of this SPOT campaign encompassed the compliance and internal control functions in place within five asset management companies ("AMCs"). The campaign was part of an ESMA common supervisory action (CSA) for the 2025 financial year. It follows on from the SPOT campaign conducted in 2020 on the outsourcing of internal control. An…… October 2024, examined the quality of the data in AIFM and MMF reporting. 25 "AIFMs shall establish, implement and … |
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