France

French regulator provides clarification on the French market in ETFs

The French financial regulator, AMF, has today provided a clarification on the French market in exchange-traded funds. In recent years, the market in exchange-traded funds...

AMF publishes a study on behaviour of high-frequency traders

The Autorité des Marchés Financiers (AMF) has published a detailed analysis of the activity of market participants engaged in high-frequency trading (HFT) on CAC 40...

AMF introduces the concept of ‘premarketing’ of funds in France

As part of ongoing FROG work to improve the distribution of French investment funds abroad, the Autorité des Marchés Financiers (AMF) is adjusting its policy...

French regulator warns FinTechs about compliance with regulation

The message to FinTechs from the financial markets watchdog in France is clear: industry regulations apply to you, too, and if you don’t play by...

An overview of the French Crowdfunding Regulation

The regulatory authority in France responsible for the oversight of participants and products in French financial markets and hence crowdfunding activities is the Autorité des...

French financial watchdog announces the creation of a FinTech division

The AMF is creating a separate division, operational as of 1 June, to respond to changes in consumption patterns which have been amplified by technological...

French regulator clarifies authorization process under UCITS V

The French financial regulator, the Autorité des Marchés Financiers (AMF), has published instructions with regard to the UCITS 5 Directive transposition. The instructions outline the...

AMF consults on listed issuers’ transactions in own shares

The European regulation on market abuse will enter into force on 3 July 2016. With this in mind, the Autorité des Marchés Financiers (AMF) is...

The AMF reiterates the rules governing investment recommendations

The AMF issued a statement today regarding the rules governing investment recommendations. According to the statement, the AMF is regularly asked about the rules that apply...

AMF reports on work on the possibility of investment funds granting loans

Following its public consultation on the possibility of French investment funds lending directly to companies, the AMF has published a summary of the responses received...

French government aims to raise the ceiling of equity fundraising

The French Minister of Economy, Emmanuel Macron, spoke at the annual meeting of the Association of French crowdfunding platforms, Financement Participatif France, where he proposed...

AML publishes ELTIF guidance for fund managers

The French regulatory authority Autorité de marchés financiers (AMF) has published guidance for fund managers on the ELTIF regulation that has come into force on 9 December...