From Design to Implementation: Five Levers for Effective EU Capital Market Supervision
The AMF and AFM have published a joint position paper identifying five key levers to strengthen EU capital market supervision. The paper supports the evolution of ESMA from a framework-setting body to a direct European supervisor under the Market Integration and Supervision Package (MISP). It aims to inform ongoing EU discussions on market integration and supervisory convergence.
Sign in to read RegWatch
RegWatch is available to registered Pideeco members. Free accounts can read 1 post per day. Upgrade for unlimited access and personalised alerts.
Or subscribe directly
RegWatch Premium
€89 / year (excl. VAT)
≈ €7.42 / month
- ✓Unlimited posts
- ✓All PREMIUM analyses
- ✓Personalised weekly digest
- ✓Instant critical alerts
- ✓Complete archive
- ✓Bookmarks & PDF export
Related updates
AMF Warns on AIF Classification of Bond-Issuing Investment Vehicles
The French AMF warns that investment vehicles issuing bonds may be classified as Alternative Investment Funds (AIFs) based on their economic characteristics, not the legal form of securities. Recent French Council of State and AMF Sanctions Commission decisions confirmed that marketing such vehicles to retail investors without prior AMF authorization is illegal. Financial investment advisers (CIFs) must ensure compliance, as they cannot reclassify retail clients as professionals.
24 Jul 2026
AMF Publishes Updated Guide for UCITS and AIF Depositaries
The AMF has updated its 2018 guide for depositaries of UCITS and AIFs to reflect operational and regulatory changes, particularly the development of tokenization and crypto-assets under MiCA. The revised guide clarifies settlement of subscription/redemption orders in e-money tokens and provides guidance on depositaries of funds investing in crypto-assets or using DLT. It also includes a section on staged intervention procedures.
24 Jul 2026
Décision relative à des modifications des règles de fonctionnement de la chambre de compensation Banque Centrale de Compensation SA (LCH SA) pour le service CDSClear visant à améliorer la cohérence et la lisibilité des dispositions relatives à la gesti...
Règles professionnelles Marchés Post-marché Infrastructures de marché Décision relative à des modifications des règles de fonctionnement de la chambre de compensation Banque Centrale de Compensation SA (LCH SA) pour le service CDSClear visant à améliorer la cohérence et la lisibilité...
24 Jul 2026

