In late December, the ACPR published the final version of its revised guidelines on customer identification, ID verification and KYC aspects. The publication was informed by work done by the ACPR's AML/CFT Consultative Commission, of which AMAFI is a member....
The 2021 annual meeting of the International Organization of Securities Commissions (IOSCO) was cancelled due to the Covid-19 pandemic and replaced by a series of virtual meetings held in November 2021. As part of the gathering, the International Council of Sec...
MiFIR Review The European Commission adopted on 25 November the proposal to review the Markets in Financial Instruments Regulation. The introduction of a European consolidated tape (CT) is a central plank of the new framework and a key policy issue for the Comm...
Climate indices Before the summer, the AMF consulted AMAFI on how Climate Transition Benchmark and Paris Alignment Benchmark (CTB / PAB) indices should be treated with regard to the complexity restrictions set out in AMF Position No. 2010-05, where the indices...
As planned, following a two-year observation period, the French securities regulator, AMF, conducted an overall review of the accepted market practice (AMP) for liquidity contracts created by AMF Decision 2018-01. Accordingly, on 31 March 2021, it submitted a new...
European engagement Ahead of the MiFIR review, AMAFI Chairman Stéphane Giordano, along with several members of the European Action Committee, presented AMAFI’s priorities (AMAFI / 21-31) to a number of key European figures, including Tilman Lueder...
ESMA held a consultation earlier this year on technical standards for position limits in commodity derivatives markets. AMAFI said in its feedback that, overall, ESMA’s proposals were appropriate for the stated goals of the MiFID II Quick Fix package, namely...
Éléments d’appréciation AMAFI
The Appropriate Construction of and Conditions for the usage of a Consolidated Tape
Writing in a press release, AMAFI expressed disappointment at the negative opinion recently published by the European Securities and Markets Authority (ESMA) on amendments notified by the French securities regulator (AMF) to the Accepted Market Practice (AMP) on l...
