03 February 2020 | Article | Reporting a shareholder pact In case of an agreement between shareholders of a company listed on a regulated market, are there preferential conditions for buying or selling shares representing at least 0.5% of the company's equity or voting rights? If so, one must send the terms of this clause to the AMF. Focus on procedures for reporting to the AMF.… Reporting a shareholder pact … The regulations, in short … Any clause of an agreement providing for preferential conditions for buying or selling shares admitted to trading on a regulated market … market, are there preferential conditions for buying or selling shares representing at least 0.5% of the company's … |
06 September 2019 | Warning | AMF warns the public about an aggressive marketing technique called "boiler room" The AMF warns the public about this fraudulent practice that encourages investors to purchase financial products on the basis of sales pitches unrelated to the real value of the assets in question and with the promise of extremely high price increases. The AMF calls on retail investors to exercise the greatest vigilance.… ask yourself how, and by whom, the purchase price or selling price of the advertised product is set, and find out the precise terms and timeline for selling the product, especially in cases where the product … up to make a takeover bid in the very near future. In short, according to the broker's latest calculations, the … |
17 July 2019 | Article | Personal data protection Policy The Autorité des Marchés Financiers (hereinafter also referred to as "the AMF") ensures compliance with European Regulation n° 2016/679 on the protection of natural persons with regard to the processing of personal data ("GDPR") and with the French Data Protection Act No. 78-17 of 6 January 1978, the provisions of which have been rewritten by…… investigation or audit, monitoring of threshold crossing, short selling, etc.); by subscribing to a newsletter or filling out … |
06 June 2019 | Public statements | Speech by Robert Ophèle, AMF Chairman - FIA's International Derivatives Expo Conference - 'Shaping EU27 capital markets to meet tomorrow's challenges' - London - 4 June 2019 … that regulations on transparency, tick size, trading halt, short selling or reporting apply in a harmonized manner on the … flows. Several proposals were completed within a very short time frame. The challenge now is to maintain the … |
25 January 2019 | Public statements | Speech by Robert Ophèle, AMF Chairman - 2019 New year wishes - Thursday 10 January - Palais Brongniart … should be determined by a risk-based approach, we perform short thematic checks designed to pinpoint investment … and the financing of terrorism, securities lending and short selling practices, as well as vote counting at general … |
11 January 2019 | AMF news release | The Autorité des marchés financiers unveils its priorities for 2019 During his New Year address to the press, AMF Chairman Robert Ophèle issued a wake-up call for greater European integration in the run-up to Brexit and the European elections, in order to ensure a strong and competitive Capital Markets Union.… by investment management companies, securities lending and short-selling practices, and the counting of votes at general … |
08 January 2019 | Policy | Position - Recommendation DOC-2012-18 … in these capital increases with the sole aim of quickly selling them on the market. This position-recommendation … to shares1 intended to be sold on the market within a very short space of time. The role of the initial subscriber is … to shares1 intended to be sold on the market within a very short space of time. The role of the initial subscriber is … End of applicability on 17 June 2020 |
04 September 2018 | AMF news release | The Autorité des Marchés Financiers reminds of the provisions applicable to bearish speculation Considering the increase in the amount of information disseminated on the Internet and the social networks regarding issuers subject to bearish speculation, notably through a substantial number of short sales, the AMF recalls the provisions that apply in such situation. Given the speed of its dissemination, this information is likely to influence…… AMF is also reiterating that the European regulation on short selling 2 (2) forbids the short sale of a share without having borrowed it or having … |
26 June 2018 | Policy | Recommendation DOC-2017-07 Recommendation DOC-2017-07 recalls the legislative and regulatory provisions that apply to investment service providers, crowdfunding investment advisers and financial investment advisers. It also set out recommendations on investor information on performance simulation tools and technical aspects to designing these simulation tools.… annual performance, or recourse by others of inappropriate short-term discount rates. Recommendation The AMF recommends … interest rate assumptions are not be used to simulate short-term future performances of interest-rate investments. … 1 when: (i) providing investment services; or (ii) selling in France collective investment units or shares … |
24 December 2017 | General regulation | General regulation of the AMF into force from 24/12/2017 to 02/01/2018 … 41 SECTION 9 - SHORT POSITIONS REPORTING … the underlying share. There shall be no set-off with any short position held by the reporting person as a result of … and Council dated 14 March 2012 concerning short selling and certain aspects of contracts for the exchange of … |
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