AMF Publishes 2015 Risk Mapping
The AMF published its 2015 mapping concerning the main risks affecting the financial markets and analysing highlights statements regarding market developments and financing of the economy, but also the organization of markets and intermediation, as well as household savings and fund management.
Read the AMF's 2015 risk mapping.
AMF Publishes 2014 Key Figures of Asset Management
The French Financial Market Authority has posted a study on the 2014 key figures of asset management inside highlights the strong activity of the Paris place.
Read the AMF's 2014 key figures of asset management.
Compliance of the AMF's Doctrine with AIFMD
The AMF has updated internal regulations to implement the provisions of the AIFMD, including:
Risk Management Within Asset Management Companies
Two documents relating to the risk management system within portfolio management companies have been updated by the AMF:
Management Mandate / "Retail Clients"
The AMF has updated the Position-recommendation 2007-21 – “Professional obligations towards retail clients imposed on investment services providers managing a portfolio on behalf of a third party”, in order to enhance investor protection and practices framework for portfolio managers with regard to non-professional clients who sign an individual management mandate. In particular, the amendments are focused on the introduction of (i) specific principles already applicable in the area of collective portfolio management and (ii) protective provisions for clients signing mandates an individual management mandate mainly invested in unlisted securities.
Read the AMF's Position-recommendation 2007-21 – “Professional obligations towards retail clients imposed on investment services providers managing a portfolio on behalf of a third party”.