The European directive on markets in financial instruments known as "MiFID II" now imposes strict conditions on the collection by investment service providers (ISP) and distributors of financial instruments of retrocessions of commissions as remuneration...
L’AMAFI et la FBF publient une Charte de Place sur la couverture synthétique des fonds ESG. Son respect permet aux fonds concernés de communiquer de manière centrale sur leurs caractéristiques extra-financières, sous certai...
Le 31 janvier dernier, l’AMAFI a eu le plaisir d’accueillir Catherine Balençon, qui nous a rejoint pour prendre la suite de Pauline Laurent. Diplômée d’HEC, Catherine a débuté sa carrière en tant qu’...
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....
On 1 December, the International Council of Securities Associations (ICSA), to which AMAFI belongs, met with Martin Moloney, Secretary General of the International Organization of Securities Commissions (IOSCO). The meeting, which was held virtually because of the...
Business competitiveness and attractiveness For months, AMAFI has been stressing the need to consider the competitiveness of European firms and the attractiveness of the regulatory framework in connection with the reboot of the Capital Markets Union (CMU) init...
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...
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...
