08 March 2023 | AMF news release | Shareholder dialogue on environmental and climate issues Questions regarding environmental and climate issues are becoming a major challenge for companies especially listed companies. All stakeholders, including investors, have increased their expectations, notably on the occasion of listed companies’ annual general meetings.… and comprehensible. The AMF reminds companies whose shares are listed on a regulated market must, pursuant to the … |
23 February 2023 | Ombudsman’s Blog | Mini-tender offers for US equities: watch out for traps! Certain unregulated corporate actions relating to companies listed in the United States, called "mini-tender offers", may have been sent on by French account-keepers to French shareholders holding such US securities. However, when investigating the case that I will present to you this month, I noted that one of them was inevitably unfavourable for…… informing him of an offer to buy all or part of his X shares, issued by a US company listed on the Nasdaq, at a … desire to take part in this purchase. However, when his shares still appeared on his account after 23 November 2020, … 16 March 2021, however, Mr T was informed that all of his shares had finally been sold within the framework of the … |
17 February 2023 | AMF news release | The AMF calls on listed companies to improve investor information regarding the risks incurred in the case of dilutive financing transactions With a view to the protection and satisfactory information of investors, the Autorité des Marchés Financiers is reinforcing its policy and recommends that companies which resort to financing via the issuance of equity securities or securities giving access to the capital spread over time should adopt a standard press release and warning regarding…… Y [name of the intermediary], which, after receiving the shares resulting from the conversion or exercise of these … not intend to remain a shareholder of the company. … The shares resulting from the conversion or exercise of the … |
16 February 2023 | News | Extension of the preparation of a Key Information Document to all collective investments: the AMF updates its policy The AMF has updated its asset management policy to take into account the new rules applicable to the preparation and publication of a Key Information Document (KID) in accordance with the European PRIIPs Regulation.… obligation * Subject to certain conditions, the units or shares of AIFs open to professional investors can be … |
16 February 2023 | Policy | Position DOC-2008-14 … ratios applicable to CIS that invest in units or shares of UCITS or funds of alternative funds under French or … ratios applicable to CIS that invest in units or shares of UCITS or funds of alternative funds under French or … |
16 February 2023 | Policy | Position DOC-2006-18 … orders are centralised and the date on which the units or shares are settled (or delivered) by the custody account … which orders are centralised to the date on which units or shares (on subscription) are delivered or redemptions of the … period for subscription or redemption orders for units or shares of the retail investment fund or fund of alternative … |
16 February 2023 | Policy | Position - Recommendation DOC-2011-24 … the AMF General Regulation, the person marketing units or shares in UCITS or AIFs or units or shares in compartments of UCITS or AIFs whose articles or … A formula UCITS or AIF investing in indices or baskets of shares with a dividend waiver shall indicate that it does not … |
16 February 2023 | Policy | Position - Recommendation DOC-2011-05 … 25 1.3.5. Classes of units or shares … objective by offering several classes of units or shares which incur different management fees. For instance, … EONIA plus 2% and which proposes two classes of units or shares : - a unit or share I for which maximum management … |
16 February 2023 | Policy | Instruction - Position - Recommendation DOC-2019-12 … management of portfolios consisting of non-voting shares or equity securities of companies, or securities … company and the target. 3.3. Investment in preference shares Position When marketing material is presented to the … intending to perform third-party investment in preference shares shall include in said presentation the impact of that … |
16 February 2023 | Policy | Instruction DOC-2017-05 … way that jeopardises a holder’s ability to redeem units or shares under normal market AMF Instruction - Conditions for … value would not enable holders to redeem their units or shares. For illustrative purposes, the table below shows the … – between the number of redemption requests for units or shares in a collective investment undertaking, or the total … |
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