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...
AMAFI is part of the Paris Europlace working group on the attractiveness of the Paris financial centre, whose aim is to talk about the main regulatory, legal and tax obstacles that interfere with the centre’s appeal. Special purpose acquisition companies (SP...
Retrouvez les propositions de l’AMAFI pour la révision de MIF 2 sur les aspects Protection des investisseurs dans la note AMAFI / 21-35
Entry into application As our feature article shows (p 2), implementing Europe’s new regime for investment firms, which comprises the Investment Firms Regulation (IFR) and the Investment Firms Directive (IFD), is a major project for AMAFI. The association...
The International Council of Securities Associations (ICSA) met in mid-February with Paul Andrews, Secretary General of the International Organization of Securities Commissions (IOSCO), to discuss IOSCO’s work programme for 2021 and 2022 (link). The meeting...
Annex to ACPR guidelines The ACPR has finalised and published the Annex on market transactions to its guidelines on KYC aspects. This is a significant development for market activities and AMAFI members. The aim of the measures is to capture the specific featu...
Synthèse AMAFI
The Regulation (IFR) and Directive (IFD) on the prudential requirements of investment firms published on 4 December 2019 will come into application on 26 June 2021, by which time the directive must be transposed into French law. The IFR and IFD identify th...
On 13 July 2020 (cf. Financial Newsletter 41), the first phase of the obligation for investment firms and central counterparties to report securities financing transactions came into effect. Two key phases have taken place since then, with the regime being extende...
European Union (EU) on 24 December of last year. They are expected to be covered by equivalence decisions negotiated in the coming months. In the meantime, besides the temporary equivalences granted to UK central counterparties (CCPs) and central securities deposi...
