Prudential / Capital Requirements regulatory updates from France.
We track 61 Prudential / Capital Requirements updates from France regulators, published by AMF. The archive covers 25 guidance notes, 11 reports and 8 policy statements. Most recent update: October 2026. Coverage runs from 2016 to 2026.
MMF Asset management Cooperation The AMF publishes its recommendations on the liquidity of Money Market Funds
AI Analysis
The AMF has finalized Recommendation DOC-2026-07 on money market fund liquidity, following its 8 June 2026 consultation and coordinated work with Ireland and Luxembourg. The recommendation introduces supervisory market-resilience reference levels above the binding MMFR minima: 20% weekly liquid assets (WLA) for VNAV MMFs and 40% for public debt CNAV and LVNAV MMFs, with notification and escalation expectations where breaches persist or are expected to be prolonged or significant.
Key dates
2026-06-08
The AMF launched its public consultation on the draft recommendation on MMF liquidity.
2026-10-30
The AMF published final Recommendation DOC-2026-07 on liquidity management for money market funds.
Suggested considerations
Consider mapping each affected MMF’s current and stressed WLA against both the applicable MMFR minimum and the AMF market-resilience reference level of 20% or 40%.
Consider documenting fund-specific liquidity calibration, including investor concentration, expected redemption patterns, dealing frequency, portfolio composition, currency exposure and market-liquidity assumptions, rather than relying only on a static WLA benchmark.
Consider reviewing liquidity-risk dashboards and escalation triggers so that a fall below the relevant resilience level is identified promptly and escalated through strengthened internal governance.
Consider establishing a documented process to determine when a breach has persisted for 10 business days and when a prolonged or significant deviation is reasonably anticipated.
Consider preparing an AMF notification package containing the duration and scale of the deviation, its causes, remedial measures, portfolio and investor-liquidity analysis, and relevant stress-test results.
Consider reviewing stress-testing scenarios and management information to ensure they support decisions to use or rebuild liquidity buffers without automatically activating liquidity-management tools solely because the resilience level is breached.
Consider confirming that policies distinguish the AMF supervisory resilience levels from the binding 15% and 30% MMFR WLA minima and identify the different consequences of each threshold.
Consider monitoring coordinated guidance from the Central Bank of Ireland, Luxembourg’s CSSF and the UK FCA because comparable 20% and 40% reference levels may affect cross-border group governance and supervisory expectations.
What changed
The AMF expects VNAV MMFs generally to maintain at least 20% WLA, compared with the 15% statutory minimum under Regulation (EU) 2017/1131 on money market funds (MMFR). Public debt CNAV and LVNAV MMFs are expected generally to maintain at least 40% WLA, compared with the 30% MMFR minimum. These are supervisory market-resilience levels rather than new statutory MMFR minimums. Where a fund falls sustainably below the relevant level, its management company is expected to apply heightened liquidity-risk vigilance, rapid escalation procedures and strengthened internal decision-making.
Compliance impact
The publication does not replace or increase the binding MMFR minimum WLA requirements of 15% for VNAV MMFs and 30% for public debt CNAV and LVNAV MMFs, but it creates clear supervisory expectations above those minima. Persistent or anticipated material breaches may lead to mandatory AMF notification, enhanced supervisory engagement and scrutiny of liquidity-risk governance, escalation and stress testing.
MiCA Regulatory developments Cooperation Europe & international Other professionals Fintech Investment services providers MiCA regulation revision: The French authorities publish their joint proposals
AI Analysis
On 2026-10-21, the French Treasury, AMF, Banque de France and ACPR submitted joint proposals to the European Commission's review of Regulation (EU) 2023/1114 on markets in crypto-assets (MiCA). The submission is not binding and does not amend MiCA, but it signals likely French priorities for future legislation: clearer boundaries with MiFID and payment-services rules, stronger ESMA supervision of significant crypto firms, tighter treatment of non-compliant stablecoins, and a regulated framework for DeFi, staking and crypto lending.
Key dates
2026-10-21
The French Treasury, AMF, Banque de France and ACPR published their joint response to the European Commission consultation on the MiCA review.
2026-09-30 Deadline
The European Commission consultation deadline identified in independent legal commentary; this date had passed before publication of the French authorities' response.
Suggested considerations
Compliance teams may wish to maintain the existing MiCA control framework because this publication does not create an immediate amendment, authorisation requirement or prohibition.
Firms should consider mapping each token, service and distribution channel against the definitions and perimeter provisions of MiCA, MiFID II and payment-services legislation, with particular attention to products that could require more than one authorisation.
EU-authorised crypto-asset service providers should consider reviewing onboarding, asset-admission, execution, custody, trading and distribution controls for exposure to asset-referenced tokens or e-money tokens that may not satisfy MiCA requirements.
Stablecoin issuers and groups using the same fungible token across EU and third-country markets should consider documenting issuance structures, reserve segregation, redemption rights, equivalence assumptions and supervisory-cooperation dependencies in anticipation of possible multi-issuance rules.
Significant crypto-asset service providers and crypto-conglomerates should consider assessing governance, prudential, group-risk and supervisory-reporting readiness for a possible future shift of direct or enhanced oversight toward ESMA.
Banks, payment firms and investment firms should consider assessing strategic opportunities and regulatory dependencies arising from euro-denominated e-money tokens and tokenised bank deposits without treating the French position as approval of any specific product.
DeFi, staking and crypto-lending businesses should consider identifying responsible intermediaries, documenting due-diligence controls and preserving evidence of protocol governance and risk assessments pending any future EU framework.
Industry participants may wish to monitor the Commission's MiCA review, subsequent legislative proposals, ESMA and EBA opinions, and national implementation developments before changing operating models.
What changed
No legal requirements changed on 2026-10-21. The French authorities proposed streamlining MiCA and clarifying when an activity falls under MiCA, the legislation governing financial instruments, or payment-services legislation, including where one business model could require multiple authorisations. They stated that a financial instrument should remain fully subject to the financial-instruments regime irrespective of the technology used for issuance or trading, and that the same principle should apply to payment instruments.
Compliance impact
The immediate compliance impact is low because the publication is a non-binding consultation response, not a regulation, delegated act, supervisory decision or enforcement measure. Its strategic significance is material: the proposals could expand supervisory centralisation, increase scrutiny of non-compliant stablecoins and bring currently uncertain DeFi, staking and lending activities into more explicit conduct, due-diligence and responsibility frameworks if adopted.
Collective investments Asset management The Autorité des Marchés Financiers (AMF) has published a new instruction covering liquidity management procedures at OPCIs and evergreen FCPRs
AI Analysis
On 13 October 2026, the AMF published Instruction DOC-2026-05, introducing permanent liquid-asset cushion requirements and specified liquidity stress-testing expectations for OPCIs and open-ended evergreen FCPRs that are not authorised under the ELTIF Regulation. Existing funds established before that date receive a two-year transition period, while changes to redemption frequency or notice periods that affect the required cushion require prior AMF approval and specific investor notification.
Key dates
2026-10-13
Instruction DOC-2026-05 was published; it applies to the specified OPCIs and evergreen FCPRs, and the two-year transition period begins for funds established before this date.
2028-10-13 Deadline
End of the two-year transition period for OPCIs and evergreen FCPRs established before 2026-10-13. Management companies should have notified the AMF of compliance through ROSA and filed the prospectus or rules and required stress tests by this date.
Suggested considerations
Firms should identify every OPCI and evergreen FCPR in scope and map its redemption frequency, notice period, current liquid-asset holdings and applicable minimum cushion under Instruction DOC-2026-05.
Management companies should calculate whether each fund satisfies the applicable permanent cushion and assess whether the potentially reduced regime for funds marketed exclusively through eligible insurance or savings products is available and properly evidenced.
Compliance teams may wish to update prospectuses, evergreen FCPR rules and related investor disclosures to state the minimum liquid-asset cushion using the applicable Annex VII format.
Firms should produce or refresh liquidity stress tests using all scenarios specified in DOC-2026-05, including evidence that redemption requests can be met, and establish governance for periodic review and escalation of shortfalls.
Management companies should review whether any proposed change to redemption frequency or notice period would alter the required cushion and, if so, plan for prior AMF approval, specific investor notification and the applicable fee-free redemption right.
For funds existing on 2026-10-13, firms should plan the ROSA filing of the amended prospectus or rules and compliant stress tests before the end of the two-year transition period.
Product, distribution and insurance teams should verify that marketing materials and product documentation do not imply liquidity inconsistent with the fund’s redemption terms, liquid-asset cushion or stress-test assumptions.
Firms should monitor the forthcoming French transposition of Directive (EU) 2024/927 and assess whether subsequent statutory liquidity-management-tool requirements impose additional controls beyond DOC-2026-05.
What changed
The former authorisation approach, under which management companies generally demonstrated liquid assets equal to 30% to 40% of net assets and submitted stress tests, is replaced or formalised through a permanent liquidity cushion calibrated to the fund’s redemption frequency or redemption notice period. The AMF gives a monthly-redemption fund as an example requiring at least 25% of net assets in liquid assets.
Compliance impact
The publication creates concrete authorisation, documentation, investor-notification and liquidity-governance consequences for a specialised but potentially retail-linked segment of French alternative funds. Failure to maintain or disclose the required cushion, obtain prior approval for relevant redemption-term changes, or complete the ROSA compliance filing could prevent or delay authorisation and expose the management company and fund to supervisory challenge; future AIFMD amendments may add requirements.
Stress-testing Markets Financial Crisis Other professionals Executive & other private individuals Professional investors Journalists Investment services providers Investment management companies The Banque de France,...
Why this matters
This is an informational news release announcing a methodological report on France's first system-wide stress test conducted by Banque de France, ACPR, and AMF. The exercise covers banking, insurance, and asset management sectors with focus on systemic interconnections and contagion risks.
MMF Asset management The AMF complies with ESMA’s guidelines on updating the stress scenario parameters provided for in Article 28 of the Money Market Funds Regulation for 2026
Why this matters
AMF announces compliance with ESMA's updated stress test scenario parameters for Money Market Funds under Article 28 of MMF Regulation. Asset managers managing MMFs with assets exceeding €100M must implement updated parameters by 30 June 2026 for quarterly reporting.
Asset management AIFMD UCIT Regulatory developments Liquidity Management Tools: the AMF intends to comply with ESMA’s Guidelines
Why this matters
AMF announcement regarding compliance with ESMA guidelines on liquidity management tools for UCITS and AIFs. This is informational guidance on regulatory implementation with a 12-month transitional period for existing funds. No immediate action required, making it low urgency news content.
Financial disclosures & corporate financing Periodic & ongoing disclosures Reporting ESEF Closing of the 2025 accounts: the AMF flags up points for vigilance and issues recommendations
Why this matters
This regulatory update from the AMF covers key areas of focus for financial firms, including reporting and disclosure requirements, ESG considerations, and prudential requirements. It is relevant for a range of financial institutions including banks, brokers, asset managers, and fintechs.
Supervision Compliance Journalists Investment services providers The AMF publishes the findings of its inspections on the role and involvement of the compliance function at investment services providers
Why this matters
This regulatory update from the AMF focuses on the role and involvement of the compliance function at investment services providers, particularly in areas such as employee training, remuneration, personal transactions, and disciplinary measures.
Crypto-assets Investment services Financial services providers The Financial Stability Board and the International Organisation of Securities Commissions publish two reports assessing the implementation of recommendations on crypto-asset and stablecoin activities
Why this matters
This regulatory update is focused on the implementation of recommendations related to crypto-assets and stablecoins, which are relevant for crypto exchanges, banks, and fintech firms operating in the digital asset space.
Stress-testing Markets Asset management Journalists Investment services providers Investment management companies The Banque de France, the ACPR and the AMF launch a first system-wide stress test on interconnections within the financial system
Why this matters
This regulatory update announces a system-wide stress test on interconnections within the financial system, which is relevant for banks, asset managers, and broker-dealers. It covers prudential requirements, operational resilience, and reporting, indicating medium urgency for firms in the affected sectors.
MiCA Other professionals Fintech Journalists Listed companies and issuers The French, Austrian and Italian markets authorities call for a stronger European framework for crypto-asset markets
Why this matters
This regulatory update from the French, Austrian and Italian markets authorities calls for a stronger European framework for crypto-asset markets, which impacts crypto exchanges, fintechs and banks operating in this space. It covers topics related to authorization, consumer protection and prudential requirements.
This regulatory update from the AMF discusses the continued downward trend in financial investment fees, which is relevant for investment management firms, wealth managers, and banks that offer investment products. The topics covered include consumer protection, reporting and disclosure, and prudential requirements.
Asset management MMF The AMF applies ESMA's guidelines on updating stress scenario parameters, in accordance with Article 28 of the Money Market Funds Regulation
Why this matters
This regulatory update from the AMF applies ESMA's guidelines on updating stress scenario parameters for money market funds, which is relevant for investment managers, banks, and broker-dealers that operate or invest in money market funds.
Cooperation Europe & international The AMF applies the joint guidelines issued by the European Supervisory Authorities to facilitate the exchange of information between National Competent Authorities
Why this matters
This regulatory update from the AMF applies joint guidelines issued by European Supervisory Authorities to facilitate information exchange between national competent authorities.
Anti-money Laundering Asset management Crypto-assets Anti-money laundering and countering the financing of terrorism: the AMF applies the guidelines of the European Banking Authority on restrictive measures for crypto-asset service providers
Why this matters
This regulatory update from the AMF applies guidelines from the European Banking Authority on restrictive measures for crypto-asset service providers, which is relevant for firms operating in the crypto and digital assets sector as well as traditional financial institutions like banks and asset managers that may offer...
Europe & international Cooperation Financial stability, artificial intelligence, data quality and financial education at the heart of the discussions at the AMF 2025 international seminar for securities regulators
Why this matters
This regulatory update from the AMF discusses topics related to financial stability, artificial intelligence, data quality, and financial education, which are relevant for banking, investment management, and capital markets firms.
Financial disclosures & corporate financing Periodic & ongoing disclosures Reporting ESEF Closing of the 2024 accounts: The AMF publishes recommendations and the results of its examinations of financial statements
Why this matters
This regulatory update from the AMF (French financial markets authority) provides recommendations and examination results related to the closing of 2024 financial statements.
Cooperation Markets Executive & other private individuals Professional investors Journalists Investment services providers Investment management companies Listed companies and issuers The AMF and the AMMC are strengthening their...
Why this matters
This regulatory update indicates strengthened cooperation between the AMF and AMMC, which is likely to impact authorization, reporting, and prudential requirements for firms operating in the banking, investment management, and capital markets sectors.
Regulatory developments Post-trading infrastructures Market infrastructures Cooperation Journalists AMF and Banque de France call for a well-anticipated move to T+1 Settlement Cycle
Why this matters
This regulatory update from the AMF and Banque de France calls for a move to a T+1 settlement cycle, which will impact banking, capital markets, and investment management firms.
Institutional Europe & international Cooperation AMF Chair Marie-Anne Barbat-Layani meets with CSRC Vice Chairman, Fang Xinghai
Why this matters
This regulatory update discusses a meeting between the AMF Chair and the CSRC Vice Chairman, which is likely to involve discussions around cross-border cooperation, regulatory alignment, and information sharing between European and Chinese financial authorities.
Asset management MMF AMF complies with ESMA guidelines on updating the stress scenario parameters provided for in Article 28 of the Money Market Funds Regulation for 2024
Why this matters
This regulatory update from the AMF relates to compliance with ESMA guidelines on stress scenario parameters for money market funds, which is relevant for investment managers, banks, and broker-dealers that operate or invest in money market funds.
Asset management Europe & international Journalists Investment management companies Austrian, French, Italian and Spanish financial market authorities give their key priorities for a macro-prudential approach to asset management
Why this matters
This regulatory update from European financial authorities focuses on their priorities for a macro-prudential approach to asset management, which impacts investment management firms, banks, and broker-dealers. Key topics include prudential requirements, ESG, and reporting/disclosure.
Asset management UCIT The AMF releases a research paper on French bond funds' flow-performance relationship
Why this matters
This regulatory update from the AMF (French financial markets regulator) focuses on research related to the flow-performance relationship of French bond funds, which is relevant for investment management firms, banks, and broker-dealers operating in the French capital markets.
Asset management Loans originated by AIFs: the AMF amends its guidelines on reporting requirements
Why this matters
This regulatory update from the AMF (French financial regulator) amends reporting requirements for alternative investment funds (AIFs) that originate loans. This impacts asset managers and banks involved in loan origination activities, requiring changes to their reporting and compliance processes.
Anti-money Laundering Asset management Anti-money laundering and combating the financing of terrorism: the AMF applies the guidelines of the European Banking Authority
Why this matters
This regulatory update from the AMF applies guidelines from the European Banking Authority related to anti-money laundering and combating the financing of terrorism, which is relevant for banking, investment management, and wealth management firms.
Regulatory developments Post-trading infrastructures Market infrastructures Central counterparties’ recovery and resolution: AMF complies with ESMA guidelines
Why this matters
This regulatory update from the AMF relates to central counterparties' recovery and resolution, which is relevant for capital markets, investment management, and wealth management firms that interact with central counterparties.
Supervision Asset management Journalists Investment management companies The AMF examines the systems for valuation of the less liquid assets of UCITS and AIFs
Why this matters
This regulatory update from the AMF examines the valuation systems for less liquid assets held by UCITS and AIFs, which are relevant for investment management and wealth management firms. It touches on prudential and operational resilience considerations around asset valuation.
Asset management Employee savings funds: the AMF amends its policy on the simplified integration of liquidity management tools
Why this matters
This regulatory update from the AMF (French financial markets authority) amends its policy on the simplified integration of liquidity management tools for employee savings funds, which are investment vehicles for employee retirement savings.
Regulatory developments Post-trading infrastructures Market infrastructures Central counterparties’ recovery plan: AMF complies with ESMA guidelines on recovery plan indicators and scenarios
Why this matters
This regulatory update from the AMF relates to central counterparties' recovery plans, which is relevant for capital markets, post-trading, and market infrastructure firms. It covers prudential and operational resilience topics that are important for banks, broker-dealers, and other financial firms.
Asset management Governance MiFID II remuneration requirements: the AMF applies the ESMA Guidelines
Why this matters
This regulatory update from the AMF applies the ESMA Guidelines on MiFID II remuneration requirements, which are relevant for asset managers. It covers prudential and governance aspects related to remuneration policies and practices.
Asset management The Autorité des Marchés Financiers (AMF) has withdrawn the authorisation of the portfolio asset management company Quantology Capital Management
Why this matters
This regulatory update from the AMF involves the withdrawal of authorization for a portfolio asset management company, which is relevant to the investment management and capital markets sectors. The key topics are authorization/licensing and prudential/capital requirements for asset managers.
MMF Asset management Regulatory developments The AMF complies with the ESMA guidelines on updating stress test scenarios in accordance with Article 28 of the Money Market Fund Regulation for 2023
Why this matters
This regulatory update is relevant for asset managers of money market funds, as it covers compliance with ESMA guidelines on stress test scenarios under the Money Market Fund Regulation. This impacts the prudential and reporting requirements for these firms.
Asset management Anti-money Laundering Anti-money laundering and combating the financing of terrorism: the AMF applies the guidelines of the European Banking Authority
Why this matters
This regulatory update from the AMF applies guidelines from the European Banking Authority related to anti-money laundering and combating the financing of terrorism, which is relevant for investment managers, banks, and wealth managers.
Asset management Anti-money Laundering Money Laundering and Terrorist Financing: update of the COLB’s National Risk Assessment
Why this matters
This regulatory update from the AMF focuses on the national risk assessment for money laundering and terrorist financing, which is relevant for investment management and wealth management firms that need to comply with AML/CFT requirements.
EMIR Termination of membership towards Indian central counterparties: a transition period planned for the French credit institutions
Why this matters
This regulatory update is relevant for French credit institutions and their membership towards Indian central counterparties. It involves prudential and authorization requirements, which are of medium importance for the banking sector.
Asset management The AMF is supplementing its policy on liquidity management tools
Why this matters
This regulatory update from the AMF relates to liquidity management tools for asset managers and wealth managers, which are important for prudential requirements and operational resilience.
Appointment Institutional AMF activity Other professionals Executive & other private individuals Fintech Market Infrastructures Post-trade Infrastructures Professional investors Journalists Investment services...
Why this matters
This is an announcement of a new chair appointment at the French financial markets regulator, the AMF. It is informational in nature and does not require immediate action, hence the low urgency classification.
Supervision UCIT Asset management Journalists Investment management companies The AMF calls on investment fund depositaries to strengthen their arrangements for the onboarding and monitoring of asset management companies
Why this matters
This regulatory update from the AMF (French financial regulator) calls on investment fund depositaries to strengthen their arrangements for onboarding and monitoring asset management companies.
Asset management The AMF updates its doctrine to facilitate the adoption of liquidity management tools
Why this matters
This regulatory update from the AMF focuses on facilitating the adoption of liquidity management tools, which is relevant for investment managers, wealth managers, and banks that offer investment products.
Supervision Journalists Investment services providers The AMF publishes a summary of its SPOT inspections on simple, transparent and standardised securitisation
Why this matters
This regulatory update from the AMF (Autorité des Marchés Financiers) relates to inspections on simple, transparent and standardised securitisation, which is relevant for banking, investment management and capital markets firms.
MMF Asset management The AMF complies with the ESMA guidelines on updating stress test scenarios in accordance with Article 28 of the Money Market Fund Regulation
Why this matters
This regulatory update from the AMF relates to compliance with ESMA guidelines on stress test scenarios for money market funds, which is relevant for investment management firms and prudential/capital requirements.
Market infrastructures Post-trading infrastructures EMIR Common procedures and methodologies on supervisory review and evaluation process of CCPs under Article 21 of EMIR: the AMF complies with ESMA guidelines
Why this matters
This regulatory update from the AMF relates to the supervisory review and evaluation process of central counterparty clearing houses (CCPs) under EMIR. It is relevant for banks, broker-dealers, and other firms involved in capital markets and post-trading infrastructure.
Bids Financial disclosures & corporate financing The AMF reviews the key issues raised by the Veolia-Suez public offer
Why this matters
This regulatory update from the AMF discusses key issues raised by the Veolia-Suez public offer, which is relevant for banking, investment management, and capital markets firms that may be involved in or impacted by such corporate transactions.
AMF activity Appointment Journalists Grégoire Vuarlot is appointed coordinator of the ACPR and AMF Joint Unit starting 1st July 2022
Why this matters
This regulatory update announces the appointment of a new coordinator for the ACPR and AMF Joint Unit, which oversees banking, investment management, and wealth management firms. The appointment is informational in nature and does not indicate any immediate regulatory changes.
Marketing Investing wisely Retail investors Journalists The ACPR and AMF are urging professionals to improve their practices in online marketing of savings products and financial instruments
Why this matters
This regulatory update from the ACPR and AMF in France is focused on improving practices in the online marketing of savings products and financial instruments, which impacts a range of financial services firms that offer these products to retail investors.
Market infrastructures Post-trading infrastructures Review of the central clearing framework in the EU: the AMF publishes a position paper
Why this matters
This regulatory update from the AMF discusses a review of the central clearing framework in the EU, which is relevant for banks, broker-dealers, and asset managers involved in capital markets and trading activities.
Savings protection EBA, ESMA and EIOPA warn consumers on the risks of crypto-assets
Why this matters
This regulatory update from the European supervisory authorities (EBA, ESMA, EIOPA) warns consumers about the risks of crypto-assets, which is relevant for banking, crypto, and consumer credit firms.
MMF The AMF publishes a stock-take analysis of the market for short-term debt instruments in Europe
Why this matters
This regulatory update from the AMF provides an analysis of the short-term debt instrument market in Europe, which is relevant for banking, investment management, and capital markets firms.
Asset management Consequences of the Ukrainian crisis: the AMF alerts asset management companies
Why this matters
This regulatory update from the AMF (French financial markets regulator) alerts asset management companies about the consequences of the Ukrainian crisis. It covers prudential and operational resilience issues, as well as consumer protection concerns, which are highly relevant for asset managers, banks, and wealth...
Financial disclosures & corporate financing Covid-19 Closing of the 2021 financial statements: the AMF publishes its recommendations and the results of its recent work examining financial statements
Why this matters
This regulatory update from the AMF (French financial markets authority) provides recommendations and results related to the closing of 2021 financial statements. It covers topics relevant to banking, investment management, and capital markets firms, including reporting, ESG, and prudential requirements.
Asset management Prospectus Journalists Investment services providers Investment management companies The AMF proposes measures to promote a wider adoption of liquidity management tools by fund managers
Why this matters
This regulatory update from the AMF proposes measures to promote wider adoption of liquidity management tools by fund managers, which impacts investment management firms and capital markets. The measures relate to prudential requirements and consumer protection.
CSDR Supervision Settlement discipline: supervisory approach on the implementation of the CSDR provisions
Why this matters
This regulatory update from the AMF provides guidance on the supervisory approach to the implementation of the CSDR settlement discipline provisions, which are relevant for banking, capital markets, and investment management firms.
Asset management Anti-money Laundering Money laundering and terrorist financing: the AMF applies EBA guidelines on risk factors
Why this matters
This regulatory update from the AMF applies EBA guidelines on risk factors related to money laundering and terrorist financing, which is relevant for investment managers, banks, and wealth managers.
Asset management Prospectus The AMF and the Banque de France publish an update of the inventory of liquidity management tools in French funds
Why this matters
This regulatory update from the AMF and Banque de France relates to liquidity management tools in French funds, which is relevant for investment management firms, banks, and wealth managers. It covers prudential and capital requirements, consumer protection, and reporting and disclosure topics.
Europe & international Cooperation The AMF and the European Central Bank (ECB) sign a supervisory cooperation arrangement
Why this matters
This regulatory update announces a supervisory cooperation arrangement between the AMF and the ECB, which is relevant for banking, investment management, and wealth management firms operating in Europe.
Asset management MMF The AMF complies with the ESMA guidelines on updating stress test scenarios in accordance with Article 28 of the Money Market Fund Regulation
Why this matters
This regulatory update from the AMF relates to compliance with ESMA guidelines on stress test scenarios for money market funds, which is relevant for investment management firms that operate such funds. It touches on prudential and reporting requirements under the Money Market Fund Regulation.
MMF The AMF publishes a study about potential explanatory variables for the record outflows that French MMFs faced in March 2020
Why this matters
This regulatory update from the AMF (French financial regulator) focuses on potential explanatory variables for the record outflows that French money market funds (MMFs) faced in March 2020.
Warning Savings protection Warning The AMF urges investors to exercise the greatest vigilance towards proposals to invest in containers
Why this matters
This regulatory update from the AMF warns investors to exercise caution towards proposals to invest in containers, which suggests potential risks or concerns around such investments.
Warning Savings protection The AMF urges investors to exercise extreme caution towards proposals to invest in car parks
Why this matters
This warning from the AMF urges investors to exercise caution towards proposals to invest in car parks, which suggests potential risks or concerns around such investments.
Warning Warning Atypical products Savings protection Buying Bitcoin: the AMF and the ACPR issue a warning to savers
Why this matters
This regulatory update from the AMF and ACPR is a warning to savers about the risks of buying Bitcoin, which is classified as an atypical product. It covers consumer protection, licensing requirements, and prudential concerns for banks, crypto exchanges, and fintech firms involved in this space.
Warning Savings protection AMF warns investors about MTL Index
Why this matters
This regulatory update from the AMF warns investors about the MTL Index, which likely has implications for investment firms and banks in terms of consumer protection, prudential requirements, and reporting obligations.