07 July 2023 | AMF’s EU positions | AMF response to the European Commission's public consultation on the draft European sustainability reporting standards In this position paper, the AMF supports the work carried out by the European Commission and EFRAG to develop the first set of European sustainability reporting standards (ESRS) covering all ESG matters and adopting a double materiality approach. The AMF raises a few important points for the European Commission to consider.… … Periodic & ongoing disclosures … Sustainable Finance … Regulatory developments … |
12 June 2023 | AMF news release | The AMF publishes a summary on the internal processes that aim to ensure compliance with non-financial contractual commitments by asset management companies of ESG/SRI funds The Autorité des Marchés Financiers has published a summary of a study and its findings following a series of short thematic inspections called SPOT. The study analyses the responses to a detailed questionnaire from 176 generalist portfolio asset management companies (AMCs) that have at least one contractual non-financial commitment for at least…… decision by management, and passive breaches linked to developments outside the AMC’s control. Of the 176 AMCs … commitments, particularly given the reinforcement of regulatory requirements, and taking into account the risk of … |
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 … markets and financial risks, as well as exchanges with our regulatory counterparts in Europe and globally. The situation … centre that has never fallen prey to the damaging game of regulatory undercutting. The AMF must be a recognised and … successful, it could eventually lead to very interesting developments in the structure of financial markets. It will … |
23 May 2023 | News | Central counterparties’ recovery plan: AMF complies with ESMA guidelines on recovery plan indicators and scenarios The AMF updates its doctrine with a new position DOC-2023-04 implementing ESMA guidelines on recovery plan indicators and scenarios for clearing houses in accordance with the Regulation relating to central counterparties’ recovery and resolution.… of performing the assessment of CCPs’ recovery plan. … Regulatory framework … In accordance with article 9 of the … guidelines on recovery plan indicators and scenarios … Regulatory developments … Post-trading infrastructures … Market … |
26 April 2023 | News | Crypto-asset markets: the MiCA regulation adopted by the European Parliament The European regulation on crypto-asset markets ("Markets in Crypto-Assets" or "MiCA") was adopted by the European Parliament on Thursday 20 April. The Autorité des Marchés Financiers (AMF) is preparing the transition towards MiCA and is contributing to the drafting of the implementing technical standards and guidelines that are to be published by…… instruments and products, and create a balanced European regulatory framework that aims to protect European … the text. The European Commission will be tasked to review developments in relation to this aspect, and assess the need … the scope of the text. The Commission will also review developments in relation to decentralized finance and assess … |
19 April 2023 | News | The AMF complies with the ESMA guidelines on updating stress test scenarios in accordance with Article 28 of the Money Market Fund Regulation for 2023 The AMF has updated its position DOC-2018-05 to reference ESMA’s guidance on updating stress test scenarios in accordance with Article 28 of the Money Market Fund Regulation.… least once a year to take into account the latest market developments. In this regard, ESMA published on 27 January … Market Fund Regulation for 2023 … MMF … Asset management … Regulatory developments … |
18 April 2023 | Policy | Position DOC-2018-05 … at least every year taking into account the latest market developments. Section 4.8 of the ESMA guidelines states that … for UCITS and AIFs. Incorporation within the AMF's regulatory practices This position, which incorporates the … for UCITS and AIFs. Incorporation within the AMF's regulatory practices These guidelines are available in the … |
08 March 2023 | News | Publication by the Climate and Sustainable Finance Commission: climate resolutions The Climate and Sustainable Finance Commission (CCFD), which brings together a range of stakeholders from the financial market, civil society and academia, has published a position paper on climate resolutions. The document outlines how members would like to see dialogue on climate issues in the General Assembly.… civil society. Its role is to help the AMF carry out its regulatory and supervisory missions on issues related to … to provide technical expertise and an overview of market developments and practices, as well as emerging issues. Since … |
16 February 2023 | Policy | Position - Recommendation DOC-2011-24 … CIS can be marketed only after they are granted regulatory approval, a visa or a marketing authorisation. The … to present all the features of the product, as soon as regulatory provisions, and notably the principle of balance, … on reasonable and prudent assumptions about future price developments and market conditions. Some elements appear to … |
14 December 2022 | Public statements | Speech by Marie-Anne Barbat-Layani, AMF Chair - AMF Annual Conference 2022: "New marketing practices for savings products" - Tuesday 22 November 2022, Pavillon Cambon … we probably need to step up our joint action. These new developments also raise questions about business models in … new offerings also raises questions in terms of control of regulatory compliance. Some players are not established in … |
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