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
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...
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...
AMAFI is updating its guide to implementing product governance obligations. The proposed changes seek, among other things, to clarify the relationship between the obligations to regularly review target markets and to identify events affecting the risk/reward trade...
Article 5 of MiFIR introduces a volume capping mechanism for trading in equities and equity-like instruments that applies at the level of the individual venue and at EU level. If thresholds are exceeded, trading in the affected instruments is suspended at both lev...
As part of discussions on the introduction of provisions to support the development of security tokens at domestic and European level, AMAFI’s Digital Assets Group examined a number of possible ways forward, which were summarised in a document (AMAFI / 19-10...
