20 February 2024 | AMF’s EU positions | Towards a review of SFDR The AMF contributed, at the end of last year, to the consultation launched by the European Commission on the Sustainable finance disclosure regulation (SFDR). It publishes today a position paper outlining the key principles it believes should guide the SFDR review. … the notion of sustainability preferences laid down in the Markets in financial instruments directive (MiFID) and … |
13 February 2024 | AMF news release | Ten new key figures admitted to the Board of the Autorité des Marchés Financiers By an order of the Minister for the Economy, Finance and Industrial and Digital Sovereignty dated 8 February 2024, published in the Official Journal on 9 February 2024 and by appointment decision of public competent authorities, the AMF Board, chaired by Marie-Anne Barbat-Layani is renewed with ten news members among 16. … that investors are properly informed and that financial markets function efficiently while taking into account … The AMF also supervises the orderly operations of markets.Visit our website https://www.amf-france.org/en … … |
13 February 2024 | News | Definition of investment advice: AMF updates its doctrine The Autorité des Marchés Financiers (AMF) has published an update to its Positions DOC-2008-23 on investment advice and DOC-2018-03 on the placing of financial instruments without a firm commitment basis, investment advice and consultancy services provided to firms. These updates have been made to take account of the Supervisory Briefing published… … the definition of investment advice under the revised Markets in Financial Instruments Directive (MiFID II) to … Briefing published by the European Securities and Markets Authority (ESMA) in July 2023 on this subject. … Briefing published by the European Securities and Markets Authority (ESMA) in July 2023 on this subject. … … |
13 February 2024 | Policy | Position DOC-2018-03 … al growth or new industrial synergies, or to break into new markets within the framework … those whose securities are listed on regulated markets or … |
13 February 2024 | Policy | Position DOC-2008-23 These questions and answers provide clarifications on the criteria for defining an investment service of investment advice, and on the requirements incumbent upon the investment services provider when it provides such a service. … recommendations 1 Article 4, paragraph 1, point 4) of the Markets in Financial Instruments Directive 2004/39/EC of the … (ESMA35-43-349). 5 Article 4, paragraph 1, point 4) of the Markets in Financial Instruments Directive 2014/65/EU of the … |
12 February 2024 | News | The European single access point for financial and non-financial information on European entities (ESAP) enters its implementation phase The ESAP regulation and associated texts have been published in the Official Journal of the European Union. The regulation provides for the access point to be operational from 10 July 2027 at the latest. Some of the technical characteristics of the project are submitted to public consultation until 8 March 2024. … achievements of the September 2020 European Capital Markets Plan. The project is also part of the Commission's … information of relevance to financial services, capital markets and sustainability Directive (EU) 2023/2864 of the … functioning of the European single access point Capital markets union 2020 action plan: A capital markets union for … |
09 February 2024 | AMF news release | AMF publishes an educational guide on companies’ climate transition plans prepared by its Climate and Sustainable Finance Commission In the run-up to the first publication of the transition plans required under the European directive on Corporate Sustainability Reporting (CSRD), this guide revisits the topic of transition plans for climate change mitigation, the importance of short- and medium-term targets, the allocation of resources to the plan and its governance. … The AMF also supervises the orderly operations of markets. Visit our website https://www.amf-france.org/en … … |
07 February 2024 | News | Consequences from 2024 of the transposition of the CSRD for large listed companies The Corporate Sustainability Reporting Directive, known as the "CSRD", was transposed into French law in December 2023. The aim of this directive is to improve the quality and comparability of sustainability reporting. As from 2024, large listed companies are covered by the new obligations. … 2026 (publication in 2027) for SMEs listed on EU regulated markets (except micro-undertakings). However, SMEs may defer … |
07 February 2024 | In-depth | CSRD sustainability reporting: preparing for the new requirements The European directive on Corporate Sustainability Reporting (CSRD) and its mandatory European Sustainability Reporting Standards (ESRS) gradually apply as of January 2024. In line with its approach of providing support for listed companies, the AMF proposes a few points that listed companies could consider for the preparation and correct… … - which include EU companies listed on EU regulated markets) and non-EU companies that are listed on EU regulated markets, that satisfy both of the following criteria: More … non-European companies that are listed on EU regulated markets (i.e. that meet the criteria mentioned above) 1st … |
06 February 2024 | AMF news release | AMF encourages investment services providers to strengthen their procedures for handling client complaints In a series of short, thematic inspections carried out at five institutions, the AMF found a number shortcomings in terms of compliance with the applicable requirements. In a summary document, it revisits the regulations, explains its expectations, and highlights the good and poor practices observed. … must comply with the organisational rules set out by the Markets in Financial Instruments Directive, and meet the … Under the regulations governing financial instrument markets, financial instrument distributors must define a … The AMF also supervises the orderly operations of markets.Visit our website https://www.amf-france.org/en … … |