Print

Regulation

Joint guidelines of the European banking authority (EBA) and the European securities and markets authority (ESMA) on the assessment of the suitability of members of the management body and key function holders (eba/gl/2017/12)

Relevant on July 26, 2018

Requirements for stress test scenarios under article 28 of the european money market fund regulation

Relevant on July 21, 2018

AMF Position DOC-2018-05 includes the ESMA guidelines for stress test scenarios on money market funds.

Read on

Registration arrangements for legal entities, other than portfolio management companies, managing certain Other AIF

Relevant on June 26, 2018

The AMF has set out the arrangements and registration procedure for legal entities managing certain Other AIF and which are not required to be authorised as portfolio management companies.

Read on

Calculation of global exposure for authorised UCITS and AIFs

Relevant on June 26, 2018

This instruction presents the methods for calculating global exposure of authorised UCITS and AIFs. After going over the scope of application, perimeter and definition of the global risk of an authorised UCITS or AIF, the instruction explains the commitment calculation approach (conversion methods, netting and hedging rules, specific provisions for interest rate derivative instruments and structured funds, etc.) and the Value at Risk (VaR) method.

Read on

Q&A on professional specialised investment funds

Relevant on June 26, 2018

Position DOC-2005-14 provides detail on the provisions that apply to the management of professional specialised funds, notably regarding these funds' ability to invest in funds that do not meet the criteria set out in Article 422-95 of the AMF General Regulation, and to trade forward contracts whose underlying asset is foreign UCITS, AIF or other investment fund other than a closed-end fund, as listed in Article L. 214-1-1 of the Monetary and Financial Code, not authorised for marketing in France, or a “climate derivative”.

Read on

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