L’Autorité des marchés financiers prend acte de l’arrêt rendu par la Cour d’appel de Paris dans le dossier Vivendi SE

AMF Publishes Updated Consolidated Recommendation on Corporate Governance and Executive Pay (DOC-2012-02)

The AMF has issued a revised and consolidated version of its DOC-2012-02 recommendation on corporate governance and executive remuneration for listed companies referring to the AFEP-MEDEF code. The update integrates doctrine from the AMF's 2024 and 2025 corporate governance reports, removes 45 items now reflected in the AFEP-MEDEF code or HCGE application guide, and harmonises presentation. The AMF clarifies that withdrawn elements remain applicable through the 'apply or explain' framework.

04 Aug 2026

G7 Cyber Expert Group Completes 2026 Cross-Border Financial Sector Exercise

On 31 July 2026, the AMF announced that the G7 Cyber Expert Group successfully completed its 2026 cross-border coordination exercise in the financial sector on 18 May 2026. The exercise simulated a large-scale cyberattack affecting all G7 jurisdictions, testing coordination, information sharing and crisis communication among finance ministries, central banks and supervisory authorities. A long-term strategy has been adopted to ensure these exercises continue and further strengthen cyber resilience.

31 Jul 2026

Money Market Funds: ANC Confirms Presumption of Cash Equivalents Classification

The French Accounting Standards Authority (ANC) has confirmed that money market funds (MMFs) using liquidity management tools such as swing pricing can still be presumed eligible for classification as cash equivalents under accounting standards. This presumption remains rebuttable, particularly during market stress. The AMF will update its MMF guide accordingly.

30 Jul 2026