August 2023 Regulatory Updates

Why this matters

This regulatory update amends the French definition of reception and transmission of orders, which is a core investment service. This impacts investment managers, brokers, and wealth managers who provide this service. The changes relate to authorization, reporting, and consumer protection requirements.

Why this matters

This regulatory update from the AMF (French financial markets regulator) focuses on the margins applied by brokers in the French bond market, which is relevant for capital markets participants and banks operating in this space. The topics covered include market abuse/surveillance and reporting/disclosure requirements.

Why this matters

This regulatory update from the AMF (Autorité des Marchés Financiers) pays tribute to Jacques Delmas-Marsalet, which is likely related to his role and contributions in the financial services industry, particularly in the banking, investment management, and wealth management sectors.

Why this matters

This regulatory update from the AMF amends its General Regulation and policy on digital asset service providers (DASPs) in light of the upcoming MiCA Regulation. It is relevant for crypto exchanges and fintech firms operating in the digital asset space, as it covers changes to authorization and licensing requirements...

Why this matters

This regulatory update from the AMF announces the withdrawal of authorization for the portfolio asset management company Quantology Capital Management, which is relevant for investment management firms and their licensing/authorization status.

Why this matters

This regulatory update from the AMF focuses on the information requirements for collective investment schemes that incorporate non-financial approaches, such as ESG factors.