For the purpose of transposing MiFID, AMF is today launching a public consultation on a set of draft amendments to Book V (Market Infrastructures) of its General Regulation.
Responses to the consultation must be sent by email to mif@amf-france.org by 13 April 2007 at the latest. The draft General Regulation can be downloaded from the AMF website1.
In addition, the AMF has posted an explanatory memorandum outlining the principles it has adopted for the transposition, as well as the main draft amendments.
This consultation follows the first one, held between 17 January and 1 March, on draft amendments to the section of the General Regulation dealing with investment services providers (Title I, Book III). The AMF is in the process of revising Book III to take into account the comments elicited by the first consultation. The revisions are due to be presented to the Board for discussion and then written into the General Regulation, which will be submitted to the finance ministry for approval in April 2007.
