In-depth Listed companies & corporate financing

French and European “say on pay” regimes

Published on May 3, 2017

Over the last decade, the remuneration of listed company directors has been hotly disputed in Europe. In the UK, shareholders of many companies have made clear their opposition to high pays for directors that have presided over significant losses. In Germany, institutional investors and shareholders have made similar criticisms of what they see as a flawed system. Similar complaints have been registered in several EU Member States, including France and the Netherlands.

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Regulatory obligations in financial communication : AMF publishes a policy handbook for small and mid-caps

Published on December 22, 2016

Financial communication of listed companies is regulated at various levels : Transparency Directive, Market Abuse Directive, Accounting standards, AMF general regulations, …. Aware of the difficulties sometimes encountered by small and mid-caps, the AMF publishes a policy handbook. As a true practical guide, it brings together the main rules of communication and financial information of listed companies.

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Implementation of IFRS 9 - Financial instruments: the AMF adopts ESMA’s recommendations

Published on December 20, 2016

IFRS 9 - Financial instruments will apply as from 1 January 2018. To that end, ESMA has clarified the information it expects from listed companies by that date, to enable users to assess and understand the expected impacts on the financial statements at the time of initial application of this standard. The AMF has incorporated these clarifications into a recommendation (DOC-2016-12).

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Legal information
Head of publications: Florence Gaubert, Executive Director of AMF Communication Directorate.
Contact: Communication Directorate – Autorité des marches financiers 17 place de la Bourse – 75082 Paris cedex 02