Regulatory AlertsDOC-2013-09 Exemption for Market Making and Primary Market Operations under Regulation (EU) No 236/2012
The French Autorité des Marchés Financiers (AMF) integrates ESMA guidelines on market making into its regulatory position DOC-2013-09. This position clarifies the scope of the exemption for market making activities, the competent authority for notifications, and the general principles and eligibility criteria for the exemption under Regulation (EU) No 236/2012. The AMF has declared its intention to apply these guidelines simultaneously with other European regulators, with the application date deferred until that collective implementation occurs.
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