{"id":18731,"date":"2024-04-05T02:00:00","date_gmt":"2024-04-05T00:00:00","guid":{"rendered":"https:\/\/amafi.dev39.fr\/attractiveness-of-the-paris-financial-centre\/"},"modified":"2024-11-19T17:52:41","modified_gmt":"2024-11-19T16:52:41","slug":"attractiveness-of-the-paris-financial-centre","status":"publish","type":"post","link":"https:\/\/www.amafi.fr\/en\/attractiveness-of-the-paris-financial-centre\/","title":{"rendered":"Attractiveness of the Paris financial centre"},"content":{"rendered":"<p>Announced in late 2023, the Attractiveness Act is going forward, with MP Alexandre Holroyd recently submitting a bill that contains several significant amendments. AMAFI is especially pleased about the following measures:<\/p>\n<ul>\n<li>Efforts to make IPO rules more flexible by authorising shares with multiple voting rights. This measure was the subject of a Treasury consultation last March, to which AMAFI provided input (<a href=\"https:\/\/www.amafi.fr\/download\/pages\/yggEfjNVWU0AjmEGMN0RtkevaMu65yXAYPpwqOpI.pdf\"><em>AMAFI \/ 23-22<\/em><\/a>) and which anticipated the draft directive on the topic in the EU&rsquo;s Listing Act package.<\/li>\n<li>Steps to relax the rules for capital increases without pre-emptive subscription rights, which address long-standing calls by AMAFI to scrap a uniquely French scheme.<\/li>\n<li>The ability for French-approved investment services providers to promote products traded on third-country venues to retail investors without having to apply for recognition of that market. Conversely, promotion by a third-country market operator targeting these investors would be subject to a recognition requirement.<\/li>\n<\/ul>\n<p>Several amendments called for by AMAFI went unheeded, including the request to raise the capitalisation threshold below which listed companies are eligible for inclusion in small-business equity savings plans from EUR 1 billion to EUR 2 billion and to remove size requirements in terms of headcount, total assets and revenues. AMAFI will continue to lobby for these proposals during future legislative initiatives.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Announced in late 2023, the Attractiveness Act is going forward, with MP Alexandre Holroyd recently submitting a bill that contains [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_searchwp_excluded":"","footnotes":""},"categories":[122],"tags":[],"class_list":["post-18731","post","type-post","status-publish","format-standard","hentry","category-non-classifiee"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.amafi.fr\/en\/wp-json\/wp\/v2\/posts\/18731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amafi.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amafi.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amafi.fr\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amafi.fr\/en\/wp-json\/wp\/v2\/comments?post=18731"}],"version-history":[{"count":1,"href":"https:\/\/www.amafi.fr\/en\/wp-json\/wp\/v2\/posts\/18731\/revisions"}],"predecessor-version":[{"id":18753,"href":"https:\/\/www.amafi.fr\/en\/wp-json\/wp\/v2\/posts\/18731\/revisions\/18753"}],"wp:attachment":[{"href":"https:\/\/www.amafi.fr\/en\/wp-json\/wp\/v2\/media?parent=18731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amafi.fr\/en\/wp-json\/wp\/v2\/categories?post=18731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amafi.fr\/en\/wp-json\/wp\/v2\/tags?post=18731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}