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...
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...
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...
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...
As part of the Capital Markets Union (CMU) reboot, the European Commission launched a consultation on supervisory convergence and the single rulebook with a view to learning the initial lessons from the review of the European Supervisory Authorities (ESAs) conduct...
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...