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. … Markets (equities, bonds, derivatives, cryptocurrencies) Infrastructures / operational risks / cyber risks Asset … sectoral composition and, as of that date, were still trading below their pre-conflict levels. Consequently, by the … by removing persistent barriers in the areas of trading, post-trade and asset management. These barriers continue to … |
23 April 2026 | In-depth | Transition to T+1 settlement of transactions On 18 June 2025, the European Parliament and the European Conseil reached an agreement to shorten the settlement cycle to T+1. The final text was published in the official journal on 14 October 2025 and will enter into application on 11 October 2027.From 11 October 2027, transactions on transferable securities executed on trading venues and… … against payment) of certain transactions executed on trading venues (the “transactions in scope”) Today, the … happens no later than on the second business day after the trading takes place (T+2). From 11 October 2027, the … no later than on the following business day after the trading (T+1). … |
09 March 2026 | News | The AMF analyses the typology of participants on the French equity market over the past five years. Over the last few years, the structure of the French equity market has evolved significantly, driven by a combination of regulatory developments, the effects of Brexit, and broader structural shifts. In this context, the Autorité des marchés financiers (AMF) has examined, over the period 2019-2024, changes in the typology of participants in the… … combines client intermediation activities with proprietary trading operations. In 2024, banks accounted for nearly 63% … retail investors. The market share of retail investors in trading activity has stabilised since 2022, after having … combines client intermediation activities with proprietary trading operations. In 2024, banks accounted for nearly 63% … |
09 March 2026 | Report / study | Typology of participants on the french equity market As part of its market surveillance activities, the Autorité des Marchés Financiers (AMF) has examined, over the period 2019-2024, changes in the typology of participants (asset management companies, banks, issuers, retail investors) in the French equity market, as well as the evolution of their investment behaviours. … of their client intermediation activities and proprietary trading operations. High-frequency traders emerge as the … which came into force on 3 January 2018, reorganised the trading framework in order to enhance transaction … of systematic internalisers and the development of new trading mechanisms such as periodic auctions; • From 2021 … |
02 February 2026 | Report / study | Study on the use of artificial intelligence by French financial market participants The Autorité des Marchés Financiers (AMF) conducted a study among a panel of French financial market participants to collect detailed information on the uses, benefits, risks, and outlook associated with these technologies. The study is based on questionnaires addressed, on the one hand, to financial entities supervised by the AMF and, on the… … to hosting, the majority make use of hybrid hosting infrastructures, which combine internal infrastructure and … market abuse detection, cyber incident management, and post-market process optimisation. As for listed companies, AI … website - AMF Savings and Investment Barometer – 2025 2 Trading platforms or central securities depositories … |
13 January 2026 | Annual Report | AMF Action and Supervisory Priorities for 2026 In this document, the AMF presents its action and supervision priorities for 2026. It also takes stock of the actions it carried out in 2025, the second full year of implementation of its strategic orientations adopted in 2023, Impact 2027. … 30 4. Priorities in relation to intermediaries and market infrastructures … numerous measures on the supervision of market and post‑trade infrastructures and crypto‑asset trading platforms—measures long supported by the AMF through … Market Infrastructures … Post-trade Infrastructures … |
29 August 2025 | Annual Report | 2024 AMF Annual Report The 2024 Annual Report looks back at the AMF's actions and its contribution to the discussions carried out at national, European and international levels, in line with the strategic priorities it has set for 2024. It also presents all the key figures and highlights on all of its missions. … by listed companies Savings providers and products Market infrastructures 78 Market supervision 82 Investigations and … good practice whereby asset management companies carry out post-production reviews of the AIFM and money market fund … companies applying for their shares to be admitted to trading on the Euronext Paris regulated market at the time of … |
03 July 2025 | Report / study | 2025 Markets and Risks Outlook The AMF publishes its 2025 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. … increase in 2025 Incidents causing disruption to critical infrastructures are on the increase, whether due to internal … for French funds, but adjustments are needed among post-trade players to enable large scale activation. - French … escalating threats of retaliation made by the US and its trading partners triggered a sharp correction on the stock … |
09 April 2025 | AMF’s EU positions | Towards a more competitive european Pilot Regime: proposals from the French and Italian authorities for fostering experimentation by blockchain-based market insfrastructures The Pilot Regime, which came into application in March 2023, aims to encourage the experimental use of distributed ledger technology (DLT) by market infrastructures. This regulatory initiative is intended to promote innovation while ensuring investor protection and maintaining the integrity of financial markets. The AMF (Autorité des Marchés… … use of distributed ledger technology (DLT) by market infrastructures. This regulatory initiative is intended to … use of distributed ledger technology (DLT) by market infrastructures. This regulatory initiative is intended to … use of distributed ledger technology (DLT) by market infrastructures. This regulatory initiative is intended to … |
07 March 2025 | News | The AMF shares the lessons learned from its latest experiments with automated processing of regulatory data Following an initial study conducted in 2022 on automating the processing of risk disclosures in listed company documents, the French Financial Markets Authority (AMF) continued its work in 2023 and 2024 to explore the potential of artificial intelligence and automated extraction tools in the analysis of regulatory reporting. … Market Infrastructures … Post-trade Infrastructures … Market infrastructures … Post-trading infrastructures … |