06 March 2024 | Ombudsman’s Blog | SCPI: A redemption request, even if in order, may be executed within an indefinite period of time In order for a redemption request from an SCPI unitholder to be processed, the latter must first submit a request that is complete and in order to the investment management company. However, even if it is complete, if the investor has a direct holding, the request can only be executed if the secondary market for the units so permits, and may… … that he owned units in an SCPI (real estate AIF portfolio management company). Mr G. made a redemption request. His … Mr G explained that he had contacted the investment management company directly, which had confirmed that his … may be executed within an indefinite period of time … Asset management … Collective investments … |
06 March 2024 | AMF news release | AMF calls on investment services providers to take account of the specific nature of temporary ownership dismemberment when marketing SCPI units Protecting investors is the AMF's top strategic priority. During a series of short, thematic inspections at four distributor institutions, the AMF found that very little attention was paid to the specific features of temporary ownership dismemberment in the provision of investment services involving units in real estate investment companies (SCPIs… … the characteristics of the dismemberment itself, and the management of potential conflicts of interest and the … to rely too heavily on the responsibility of their partner asset management companies, at the risk of failing to protect and … |
27 February 2024 | Article | Join us and let’s take action for the real world together! Our 500 employees ensure that savings are protected, investors receive material information and financial markets run smoothly.
They have scientific, legal, financial and accounting backgrounds. They come from a vast range of professions and sectors: banks, asset management companies, listed companies, audit and consulting firms, law firms,… … It monitors investment services providers and authorises asset management companies to conduct their business. It also … and its external influence. More about our expertise 1. Asset management Fermer Asset management The AMF approves and … |
20 February 2024 | Article | Consultative Commissions Comprising financial market participants, experts in management or market operation, representatives from professional associations or investor advocacy groups, the five AMF Consultative Commissions help inform the Board’s decisions on changes to regulations or AMF policy. … and Exchanges Clearing, Custody and Securities Settlement Asset Management and Institutional Investors Disclosures and … invited to attend every Consultative Commission meeting. … Asset Management and Institutional Investors … Muriel Faure, … |
20 February 2024 | Article | The AMF Board The Board is the AMF’s main decision-making and prosecuting authority It has 16 members drawn from a broad variety of backgrounds. This multidisciplinarity ensures that it has the technical and legal expertise needed to carry out its tasks. … bids involving listed companies, authorisations for management companies (without which they cannot do business) … Financiers in 2005, where he was successively Head of the Asset Management Regulation Division in the International … Directorate and then Managing Director in charge the Asset Management and Markets Directorate. He was appointed as … |
20 February 2024 | News | The AMF publishes, in a position paper, the key principles it believes should guide the SFDR review The AMF contributed, at the end of last year, to the consultation launched by the European Commission on the Sustainable finance disclosure regulation (SFDR). It publishes today a position paper outlining the key principles it believes should guide the SFDR review. … … Journalists … Investment services providers … Investment management companies … The AMF publishes, in a position … SFDR review … Sustainable Finance … Financial products … Asset management … Europe & international … Regulatory developments … |
20 February 2024 | AMF’s EU positions | Towards a review of SFDR The AMF contributed, at the end of last year, to the consultation launched by the European Commission on the Sustainable finance disclosure regulation (SFDR). It publishes today a position paper outlining the key principles it believes should guide the SFDR review. … … Journalists … Investment services providers … Investment management companies … Towards a review of SFDR … Sustainable Finance … Financial products … Asset management … Europe & international … Regulatory developments … |
13 February 2024 | News | Definition of investment advice: AMF updates its doctrine The Autorité des Marchés Financiers (AMF) has published an update to its Positions DOC-2008-23 on investment advice and DOC-2018-03 on the placing of financial instruments without a firm commitment basis, investment advice and consultancy services provided to firms. These updates have been made to take account of the Supervisory Briefing published… … … News … Investment services providers … Investment management companies … Definition of investment advice: AMF updates its doctrine … Investment advice … Asset management … |
13 February 2024 | Policy | Position DOC-2018-03 … in the company, nor do they wish to take over the management. On the … investors (banks, investment firms, asset management companies) or the public (public offering … |
13 February 2024 | Policy | Position DOC-2008-23 These questions and answers provide clarifications on the criteria for defining an investment service of investment advice, and on the requirements incumbent upon the investment services provider when it provides such a service. … 3 1.4 Do persons who provide asset management advice in the normal course of their business have … clear and not misleading. 1.4 Do persons who provide asset management advice in the normal course of their … |