Sponsored research: The new European framework endorses the model championed by the Paris financial center
Effective September 7, 2026, a new European code of conduct will govern research funded, in whole or in part, by […]
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Primary bond issues – Conflicts of interest
In late 2019, the International Organization of Securities Commissions (IOSCO) held a consultation on proposed guidance covering conflicts of interest identified in primary bond issues. The IOSCO report proposed eight measures, partly modelled on provisions in Europe’s MiFID 2 framework.
In its response (AMAFI / 20-10), AMAFI indicated broad support for the proposed guidance, noting that the measures were generally appropriate and posed no real difficulties insofar as they were already incorporated into European regulations. However, AMAFI requested clarification on several aspects, including issues relating to the determination of issue prices, and offered feedback based on the most common practices on the French and European markets. In conclusion, it said that the European legal and regulatory framework did not need to be amended.
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Structure of European Equity Markets
In its latest consultation on market structure, ESMA examines the evolution of equity markets against the backdrop of profound changessince […]
Jacques Vigner Elected Chairman of AMAFI
On July 2, 2026, the Board of AMAFI elected Mr. Jacques Vigner as Chairman of the Association. He succeeds Mr. […]