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V - Market infrastructure
V. 3 - Other market participants
Procedure for the recognition of foreign markets of States that are not parties to the Agreement on the European Economic Area
Procedure for the recognition of foreign markets of States that are not parties to the Agreement on the European Economic Area
Document
Summary
Instruction 2019-05 clarifies the conditions for the recognition of foreign markets. The revised procedure specifies the cases in which a communication is considered to be addressed by a market operator to non-professional investors established or resident in France, as well as the applicable recognition procedure.
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Instruction 2019-05 clarifies the conditions for the recognition of foreign markets. The revised procedure specifies that a foreign market does not require any recognition provided that non-professional clients are not solicited to carry out transactions on financial instruments tradable within it, either directly or indirectly through a market intermediary (market member or other provider).
Legal information:
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
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