10 December 2024 | AMF news release | Faced with dense and complex information, the AMF is encouraging financial institutions to continue their efforts to improve the transparency of their Taxonomy reporting In a report covering the first alignment reporting of seven French banks and insurers, the Autorité des Marchés Financiers presents an overview of the practices observed and the obligations arising from the EU Taxonomy Regulation. It also looks at the main difficulties encountered by these financial institutions. … would certainly be advisable to simplify the process in order to make the information more easily understandable. … |
10 December 2024 | AMF news release | The AMF publishes an educational report on listed companies' sustainability reporting This report provides an overview of the AMF’s reviews of listed companies’ non-financial statements (NFS). … to all the environmental objectives of the taxonomy. In order to help undertakings make the transition to the new … |
04 December 2024 | In-depth | The Listing Act: Facilitating Companies' Access to European Capital Markets The Listing Act introduces significant changes to European regulations. In this document, the AMF outlines its main features. While some provisions will come into force as early as December 4, others will be implemented gradually, with delays of 15, 18, and 24 months following its entry into force. … by reference is not included in the page count), fixed order of sections, harmonisation of the presentation format … subject to these constraints on maximum length, section order, or standardised format. The same applies to all … issuers to be less dependent on market fluctuations during order book building and thereby reducing execution risk. To … |
29 November 2024 | In-depth | The European regulation Markets in Crypto-Assets (MiCA) Crypto-asset services requiring authorisation, obligations to be met, procedures for submitting a crypto-asset service provider (CASP) application, notification of offers to the public and admission to trading of crypto-assets, provisions relating to market abuse: in this "in-depth" you will find the main provisions of the European regulation on… … diligence procedures; Fair and orderly trading, efficient order execution and transaction settlement; Conditions for … client orders at the prices displayed at the time when the order is final; Obligations to publish transparent … Pricing determination; the conditions for considering an order as final. Obligation to publish details of … |
21 November 2024 | Ombudsman’s Blog | Early closure of an ETF: rights and obligations of the distributor and fund management company Since the beginning of 2024, the AMF's Active Retail Investor Dashboard has seen a sharp rise in the number of investors who have bought or sold exchange-traded funds (ETFs). These investors should be aware, as the dossier I am presenting this month illustrates, that the investment management company can decide to liquidate an ETF early, at any… … It was in this context that Mrs X asked me to intervene in order to obtain compensation for the difference. … … same exit options by the investment management company in order to ensure compliance with the principle of equality … they must submit a ‘ change’ application to the AMF in order to obtain the necessary authorisation; The information … |
15 November 2024 | News | Stock market tumbles: still a rare phenomenon on the Paris market While the Paris market was trading close to record levels last year, some CAC 40 stocks experienced significant price swings. In a study covering the period 2013-2023, the Autorité des Marchés Financiers (AMF) looked at this phenomenon, which remains rare and is not unique to the French market, and at its possible causes. … in the following sessions, and the depth of the order book (number of stocks offered for purchase and sale) … |
13 November 2024 | Report / study | Retail investor ETF activity The Autorité des Marchés Financiers (AMF) has noted the rise in trading of exchange-traded funds (ETFs) which aim to track the performance of an index, in its latest Active Retail Investor Dashboards. Its in-depth analysis of this trend and the concerned investors profile shows that younger investors are very much inclined to invest in ETFs. … investor ETF activity … ETF … Equity … MIFID … Marketing … Order … |
21 October 2024 | Ombudsman’s Blog | Employee savings schemes: difficulties in obtaining early release in the event of the amicable separation of a couple In the event of an amicable separation, the applicant is unable to produce any of the supporting documents requested, as the break-up and custody arrangements for the children of the former partners have not been brought before the courts.This month’s dossier provides a very clear illustration of this problem and the specific circumstances in… … Under these circumstances, Ms D asked me to intervene in order to obtain the early release of the assets held in her … is at the home of the person requesting release or the order of the JAF stipulating the same as regards the child’s … However, Ms D was unable to provide a ruling or JAF order. I further told the account keeper that I had no legal … |
21 October 2024 | News | In Q3 2024, for the first time, new ETF investors outnumbered new equity investors Each quarter, the AMF draws up an inventory of the number of individuals who have carried out at least one transaction in a financial instrument during the last quarter. She is particularly interested in equity and ETF trading. … interested in equity and ETF trading. [ 1 ] In order to produce this scoreboard, the AMF relies on detailed … |
10 October 2024 | Warning | Cryptoassets: the Autorité des Marchés Financiers warns the public about the activities of several unauthorized entities The Autorité des Marchés Financiers publishes the list of new websites illegally offering digital asset services and raising funds through token issuance (ICOs) in France. … issued by the AMF can be consulted on the AMF website. In order to ensure that an entity offering digital asset … |
