08 December 2025 | Policy | Position DOC-2010-05 - … investment advisers and direct marketers) of their obligations when marketing these products, and lays down four … retail investors9. It does not apply to marketing to professional investors and/or eligible counterparties. 4 Or … retail clients9. It does not apply to marketing to professional investors and/or eligible counterparties. 2. … |
03 December 2025 | Professional guide | Fees and contributions to the AMF This guide presents the system of fees and contributions payable to the AMF by service providers, asset management companies, issuers and their shareholders. It also includes the practical procedures for paying these fees and contributions.… to the AMF … /en/news-publications/publications/professional-guides/fees-and-contributions-amf … This guide … and contributions. … Fees and contributions to the AMF … Professional guide … Other professionals … Market … issuers … Fees and contributions to the AMF … Disclosure Obligations … AMF activity … |
02 December 2025 | Article | The AMF is updating its doctrine and practice in order to modernise and make the IPO process in France more attractive While maintaining a system that adresses investors' concerns, the AMF is offering greater flexibility for conducting of IPOs, drawing inspiration from foreign best practices.… to draft an IPO prospectus in English in the light of its obligations to produce each year financial statements and a … such revocability possible. In order to treat retail and professional investors equally, orders placed by retail … |
27 November 2025 | Policy | Instruction DOC-2011-20 - … retail investment funds, funds of alternative funds and professional retail investment funds … Investment management … retail investment funds, funds of alternative funds and professional retail investment funds AMF instruction – … requirements applying to management companies and meet the obligations applicable to these companies. They must … |
27 November 2025 | Policy | Instruction DOC-2012-06 - … preparation of a prospectus and reporting for specialised professional funds, professional private equity investment funds and specialised … professional private equity funds must comply with the obligations provided for in Articles 422-105 to 422-118 and … |
27 November 2025 | Policy | Instruction DOC-2019-04 - … the AMF General Regulation prior to marketing in France to professional (Article 421-1) and retail (Article 421-13) … whether it can start marketing a SCPI, SEF or GFI to professional clients, also applies to applications to market … service provider, together with a description of their obligations and investors’ rights. e) In cases where a SCPI, … |
27 November 2025 | Policy | Instruction DOC-2011-21 - … General Regulation before it starts marketing in France to professional clients and retail clients, respectively. Where … may begin marketing the employee investment undertaking to professional clients also pertains to applications for … as applicable. The table in Article 8 lists the obligations of management companies or SICAVAS with regard to … |
27 November 2025 | Policy | Instruction DOC-2011-22 - … AMF General Regulation before marketing units in France to professional clients and retail clients respectively. Where … to market the retail private equity investment fund to professional clients also applies to the application to … ex-post notification, as applicable. This table lists the obligations of management companies with regard to … |
27 November 2025 | Policy | Instruction DOC-2011-23 - … for real estate collective investment undertakings and professional real estate collective investment undertakings … … for real estate collective investment undertakings and professional real estate collective investment undertakings … the authorisation process for asset management companies, obligations for information and passport - DOC 2008-03. … |
18 November 2025 | In-depth | The AIFM II Directive The AIFM II Directive modifies the rules applicable to UCITS and AIF management companies. This publication, which will be updated regularly, aims to raise awareness among management companies of the main developments provided for by the AIFM II Directive, which must be transposed by 16 April 2026, and which are likely to impact their activity…… anti-dilution levies (ADL); redemption in kind (only for professional investors). However, money market UCITS and … Reporting to the competent authorities The reporting obligations of AIF management companies to their competent … on which they trade and the instruments traded. These obligations are being extended to UCITS management companies … |
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