Once again this year, AMAFI organised a series of meetings in Washington on behalf of the European Forum of Securities Associations (EFSA). Talks were held with a number of US financial institutions and authorities, including the US Treasury, the Federal Reserve,...
AMAFI is updating its guide to implementing product governance obligations. The proposed changes seek, among other things, to clarify the relationship between the obligations to regularly review target markets and to identify events affecting the risk/reward trade...
Article 5 of MiFIR introduces a volume capping mechanism for trading in equities and equity-like instruments that applies at the level of the individual venue and at EU level. If thresholds are exceeded, trading in the affected instruments is suspended at both lev...
As part of discussions on the introduction of provisions to support the development of security tokens at domestic and European level, AMAFI’s Digital Assets Group examined a number of possible ways forward, which were summarised in a document (AMAFI / 19-10...
A la suite de l’entrée en vigueur du Règlement Prospectus en juillet 2019 et des textes français (ordonnance et décret) réformant le régime des offres au public en octobre 2019, les modifications subséquentes...
Set up in mid-May, the Next CMU HLG is part of a joint initiative by the German, French and Dutch finance ministers aimed at making proposals to deepen CMU and address the new challenges facing the EU, particularly in relation to the green transition and the fact...
AMAFI provided feedback in August (AMAFI / 19-81) to the consultation by the International Organization of Securities Commissions (IOSCO) on crypto-asset trading platforms (CTPs). As ecosystems develop around distributed ledger technologies, crypto-assets and t...
At the Eurofi Forum in Helsinki from 11 to 13 September, AMAFI, represented by Chairman Stéphane Giordano and European and International Affairs Director Arnaud Eard, together with members from the European Action Committee, had the opportunity to meet with...
The steady rise in the cost of market data for investment firms is a major concern for AMAFI members. AMAFI’s Board has responded by setting up a working group to examine the reasons behind the increase and make proposals to the competent authorities. Using...
