23 June 2021 | AMF news release | The AMF updates the accepted market practice on liquidity contracts As of July 1, 2021, the accepted market practice (AMP) on liquidity contracts, which had been in effect since January 2019 on the French market, is updated to take into account in-depth analyses of the effects of the AMP and of the series of short thematic controls performed in 2020.… of the daily quotations and the liquidity of the issuer's shares. When established as an accepted market practice, … |
23 June 2021 | News | New quarterly reporting to the AMF on investment rule violations and compensation by asset management companies and collective investment schemes Following the Order of 29 March 2021 approving the AMF General Regulation, the Authority is updating its doctrine to clarify expectations regarding new reporting.… and on subscription and redemption requests for units or shares in these schemes. The AMF will announce the technical … |
23 June 2021 | Ombudsman’s Blog | In a management mandate, clients may not base their claims on the fact that they have not given any instructions Retail investors can decide to be independent and manage their securities portfolio themselves. In this case, they should be able to understand the meaning of the different types of orders that exist (e.g. "market order", "limit order" etc.) and to react to market fluctuations. They may also opt for a discretionary mandate. In this case, their…… contacted me regarding two disputes: On the one hand, the shares of a company in her securities account had not been … Mrs. C. had informed it that she wished to sell her 1,816 shares in company A, which she held directly in her securities account. It therefore sold 816 shares of company A in April 2017 since Mrs. C. had given an … |
23 June 2021 | Policy | Instruction DOC-2014-02 … company discloses to investors prior to subscription of shares or units for each AIF it manages and for each AIF it … and conditions for the issue and sale of units or shares; m) where available, the latest net asset value of the … |
16 June 2021 | News | Employee investment undertakings: the AMF modifies its General Regulation and policy Following the changes brought about by the PACTE law and its implementing legislation, in particular with regard to the retirement savings scheme, the AMF has amended its General Regulation and policy to take into account the impacts on employee investment undertakings.… for inclusion in the assets of employee savings funds of shares of cooperative undertakings subject to Law No. 47-1775 … |
01 June 2021 | Public statements | Speech by Robert Ophèle, AMF Chairman - FESE – Convention 2021 - 1st June 2021 … a company on climate change does not depend on whether its shares are listed on a regulated market or on its staff … |
28 May 2021 | AMF news release | AMF communication on SCOR … manipulation arising from a buyback by SCOR of its own shares between 25 October and 10 December 2018. The AMF has … |
23 May 2021 |
| Article 322-73 Book III - Service providers > Title II - Other service providers > Chapter I - Custody account-keepers > Section unique - Provisions relating to custody account-keeping - terms of reference for the custody account-keeper > Sub-section 5 - Provisions relating to the keeping of securities accounts within the framework of an employee savings scheme… concerns the keeping of securities accounts for units or shares in a collective investment scheme acquired within the … the following definitions will apply: "Units", units or shares in a collective investment scheme offered within the … the collective investment schemes of which the units and shares are offered within the framework of an employee … |
23 May 2021 |
| Article 424-3 Book IV - Collective investment products > Title II - AIFS > Chapter IV - Employee savings scheme funds > Section 2 - Formation… Article 424-3 … The period for subscribing shares in a SICAV for employee shareholders or units in an … grants an exception. Subscriptions and purchases of shares in a SICAV for employee shareholders or units in an … investors undertake to request the redemption of their shares as soon as subscriptions are accepted from the … |
23 May 2021 |
| Article 221-1 Book II - Issuers and financial disclosure > Title II - Periodic and ongoing disclosure obligations > Chapter I - Common provisions and dissemination of regulated information… on the total number of voting rights and the number of shares making up the share capital referred to in Article … on the total number of voting rights and the number of shares making up the share capital referred to in Article … |
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