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21 May 2012

AMF: Extension of transaction reporting requirements to OTC derivatives


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フランス金融市場庁は、MiFID II(第2次金融商品市場指令)及びEMIR(欧州市場インフラ規則)の施行を待たずに、CESR(欧州証券規制当局委員会)のOTC取引情報収集プロジェクトに参加することを決定した。


Modifications to the AMF General Regulation arising from this decision were approved by the Order of 20 December 2011 published in the Official Journal of 24 December 2011. Modifications have been made to Articles 315-46 and 315-47 of the AMF General Regulation and to AMF Instruction n° 2007-06 and its two appendices (RDT Guide V3 and functional Questionnaire), in line with the CESR guidelines published in October 2010.4 These provisions came into force on 1st January 2012.

These modifications:

  • extend the reporting requirements to OTC derivative transactions carried out by French investment services providers and French-based branches of investment services providers that are authorised in the European Economic Area. However, this extension does not apply to asset management companies.
  • Concern OTC derivatives dependent upon the performance of a single security or the credit risk of a single issuer, the underlying of which is a financial instrument admitted to trading on a regulated market in a State party to the European Economic Area agreement or on an organised multilateral trading facility.

Hitherto, reporting was restricted solely to financial instruments admitted to trading on a regulated market or on an organised multilateral trading facility.

Press release



© AMF - Autorité des Marchés Financiers


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