Back

Logo Amafi Blanc

AMAFI - 13 rue Auber
PARIS 75009

Liquidity contract – AMAFI Charter

AMAFI published a new version of its liquidity contract charter in early September (AMAFI / 24-48a). The document provides clarifications on operation of the liquidity account, position limits, disclosure of contracts to the AMF and the role of the compliance function.

AMAFI also released new versions of the liquidity contract template (AMAFI / 24-48b) and its accompanying explanatory note (AMAFI / 24-48c). This work was an opportunity to update legislative and regulatory references, to clarify the classification of various securities (illiquid, liquid and highly liquid) and the ban on trading beyond limits set by the AMF, and to add stipulations on initial public offerings and block trades. Clarification was also provided on procedures for takeover of securities.

Back

All the news

Replay: Does the ideal financial center exist?

Watch the Replay of the AMAFI-RB Grand Debate: “The ideal financial centre: myth or reality? A debate moderated by Fabrice […]

Revision of MiFID II and MiFIR

AMAFI has published a summary of the provisions of the revised MiFID II and MiFIR frameworks, against a backdrop of […]

Integration and supervision of European markets

AMAFI has responded to the European Commission’s “Call for Feedback” on its Package on Integration and Supervision of European markets. […]