With the Covid-19 crisis seemingly doing nothing to shake the United Kingdom’s resolve to leave the European Union on 31 December, talks remain tense, to put it mildly, with limited progress on the financial services sector. Although the European Commission...
AMAFI has published an update of its guide to implementing product governance obligations (AMAFI / 20-16), which notably clarifies the obligations to regularly review target markets and identify crucial events affecting products. As with previous versions, the gui...
In late 2019, the International Organization of Securities Commissions (IOSCO) held a consultation on proposed guidance covering conflicts of interest identified in primary bond issues. The IOSCO report proposed eight measures, partly modelled on provisions in Eur...
Financing for SMEs and mid-tier firms is vitally important, which is why AMAFI was closely involved in the European Commission’s SME Growth Market initiative. We successfully argued for a liquidity contract that could be used in different Member States, with...
EFSA - initial comments on MiFID 2/R Review
AMAFI contributed to the new Paris Europlace brochure on the offer of the Paris Market Place
As the French financial community pursues its work on digital assets, the ACPR - AMF Fintech Forum has issued a consultation on the anti-money laundering and combating the financing of terrorism (AML/CFT) challenges for this ecosystem. The consultation document, w...
Over recent months, AMAFI has been working to formally set out its thoughts and proposed amendments for the revision – or refit – of the three levels of regulation that form the MiFID 2 framework. The aim, based on experience gained in implementation o...
CSDR discipline measures are scheduled to come into force in September 2020. Their purpose is to ensure that securities settlement transactions conducted by CSDs are settled on the date originally agreed by the parties. A penalty is applied for each day that a tra...
After holding a number of meetings on the topic, AMAFI has finalised its response (AMAFI / 20-02) to the public consultation published in October 2019 by the European Supervisory Authorities (ESAs) on amendments to the PRIIPs framework. In its response, AMAFI s...
