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07 December 2007

AMF amends insider lists established by issuers of financial instruments




AMF amends its position on the insider lists established by issuers of financial instruments

 

The following persons no longer need to be included on the insider lists established by issuers or to draw up their own list:

- prospective buyers, because, on principle, they are not deemed to be acting on behalf or for the account of the issuer and do not therefore come under the insider list requirement;

- statutory auditors acting solely in accordance with their legal engagement because, insofar as the engagement is a statutory requirement, they cannot be considered to be acting on account of the issuer. However the auditor's other engagements, which are chiefly contractual, still come under requirement.

 

Press release

 



© AMF - Autorité des Marchés Financiers


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