19 June 2023 | AMF news release | The AMF publishes a discussion paper on Decentralised Finance (DeFi) The AMF shares its preliminary thinking on the regulatory issues raised by the new financial activities on crypto-assets based on automated, decentralised and disintermediated protocols that make up the emerging DeFi ecosystem. The AMF invites stakeholders to share their views by 30 September, to feed into the European and international works on… … The AMF also supervises the orderly operations of markets. Visit our website https://www.amf-france.org/en … … |
14 June 2023 | Ombudsman’s Blog | Stock market orders: the share price adopted for the provision check must not be obsolete When sending a stock market order, a provision check is performed systematically by the account-keeper to ensure that the client has sufficient funds to honour the transaction. This check is performed at the time when the order is given, on the basis of the last quoted price, depending on the quantity requested or the amount indicated, within the… … the biotech sector. Thus, in addition to knowledge of the markets, they also had experience. According to the financial … that do not allow control of the execution price for markets where the prices used for the provision check are not … |
12 June 2023 | News | MiFID II suitability assessment: the AMF applies the updated ESMA guidelines The Autorité des Marchés Financiers (AMF) has published an update to its Position DOC-2019-03 to incorporate updates to the guidelines issued by the European Securities and Markets Authority (ESMA) on certain aspects of the MiFID II suitability requirements. The AMF also updaties its Position-Recommendation DOC-2006-23 to extend the scope of these… … to the guidelines issued by the European Securities and Markets Authority (ESMA) on certain aspects of the MiFID II … to the guidelines issued by the European Securities and Markets Authority (ESMA) on certain aspects of the MiFID II … |
01 June 2023 | AMF news release | The AMF Ombudsman publishes her 2022 Annual Report Marielle Cohen-Branche, Ombudsman of the Autorité des Marchés Financiers (AMF), has presented her latest annual report at a press conference. The number of requests sent to her remained very high and the number of recommendations proposed reached an unprecedented level. Disputes relating to "PEA" personal equity savings plans, especially… … The arrival of 1.3 million new retail investors in equity markets in the past four years probably accounts for a large … by some intermediaries. The turmoil in the crypto-asset markets last year and the increasing number of digital asset … The AMF also supervises the orderly operations of markets.Visit our website https://www.amf-france.org/en … … |
26 May 2023 | Public statements | Speech by Marie-Anne Barbat-Layani, AMF Chair, The AMF: "a pivotal position at the heart of financial regulation" - General Assembly of the French Association of Corporate Treasurers - 20 April 2023 … seriously. We therefore stepped up our monitoring of the markets and financial risks, as well as exchanges with our … counterparts in Europe and globally. The situation on the markets has improved since then, as attested by the recent … also make sure that French issuers enjoy access to capital markets in good conditions. On the primary bond market for … |
22 May 2023 | News | MiFID II remuneration requirements: the AMF applies the ESMA Guidelines The Autorité des Marchés Financiers (AMF) has published a Position DOC-2023-03 to incorporate the guidelines of the European Securities and Markets Authority (ESMA) on certain aspects of the MiFID II remuneration requirements. This position will come into force on October 3rd, 2023. … incorporate the guidelines of the European Securities and Markets Authority (ESMA) on certain aspects of the MiFID II … incorporate the guidelines of the European Securities and Markets Authority (ESMA) on certain aspects of the MiFID II … |
16 May 2023 | Policy | Instruction DOC-2014-01 … the target geographical areas, and, where appropriate, the markets or other execution venues; it shall also include a … the procedures for keeping track of positions on leveraged markets and, more broadly, the arrangements for monitoring … for information purposes only 5/10 where appropriate, the markets or other execution venues; it shall also include a … |
03 May 2023 | News | The AMF revises position limits applicable to agricultural commodity derivatives Following the April 20, 2022 amendment of European Commission Delegated Regulation 2022/1302 supplementing Directive 2014/65/EU on markets in financial instruments (MiFID2), the AMF has revised the position limits applicable to agricultural commodity derivatives positions traded on Euronext Paris Matif. … Regulation 2022/1302 supplementing Directive 2014/65/EU on markets in financial instruments (MiFID2), the AMF has … Regulation 2022/1302 supplementing Directive 2014/65/EU on markets in financial instruments (MiFID2), the AMF has … to agricultural commodity derivatives … Innovation … Markets … Derivatives or structured products … |
27 April 2023 | AMF news release | Provision of market data: the AMF conducts a series of SPOT inspections and identifies shortcomings in compliance with requirements The AMF has published a summary of the findings of a series of short, thematic inspections of four firms providing market data. Four years after the entry into force of the obligations imposed by the Markets in Financial Instruments Regulation (MiFIR), the AMF has identified shortcomings in their compliance with the requirements of the European… … for the European Union by the European Securities and Markets Authority (ESMA), the AMF carried out a series of … The AMF also supervises the orderly operations of markets. Visit our website https://www.amf-france.org/en … … the entry into force of the obligations imposed by the Markets in Financial Instruments Regulation (MiFIR), the AMF … |
27 April 2023 | Spot Inspections | Summary of SPOT inspections on the provision of market data In line with the supervisory priorities of the Autorité des Marchés Financiers for 2022 and in relation to the strategic supervisory priorities of the European Union, a series of short thematic “SPOT” inspections targeting the provision of market data were conducted over the period from March to July 2022. These inspections took place within the… … introduced by Regulation (EU) 600/2014 of 15 May 2014 on markets in financial instruments (MiFIR), which came into … introduced by Regulation (EU) 600/2014 of 15 May 2014 on markets in financial instruments (MiFIR), which came into … provision of market data … Financial services providers … Markets … MIFID … |