Interview with Stéphane Giordano: “We do not need a major institutional overhaul to become more effective”
Find in the new AMAFI–RB publication entitled “A Federal Europe: A Good Solution for the Economy and the Markets? the […]
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MiFID Review
As part of the MiFID II and MiFIR review, ESMA has drawn up Level 2 measures on which it is holding consultations. Key areas of focus include equity market transparency (still underway), non-equity market transparency (AMAFI / 24-51), the consolidated tape (AMAFI / 24-50), commodities (AMAFI / 24-49), a reasonable commercial basis for the cost of market data (AMAFI / 24-51) and reference data (RTS 23) (AMAFI / 24-53).
Given the Commission President’s keenness to simplify the regulatory framework and promote a competitive European economy, AMAFI stressed three major points in its consultation feedback:
- The goal must always be to make European regulations simpler, not more complicated.
- Changes mean investments – sometimes substantial – for firms but also for regulators, making it important to assess whether they are appropriate.
- New standards, even at Level 2, must factor in EU competitiveness, especially relative to the United Kingdom, which has embarked on a broad-based review of its market rules.
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AMAFI 2025 Barometer on Savings and Corporate Financing Taxation: A Double Warning Signal
AMAFI is publishing its 2025 Barometer on the taxation of savings and corporate financing, which assesses France’s attractiveness in terms […]
Transaction reporting – AMAFI calls for ambitious reforms
Responding to ESMA’s recent consultation on simplifying reporting requirements under EMIR, MiFIR and SFTR, AMAFI called for a bold approach […]