Regulatory AlertsDOC-2018-04 Product Governance Requirements under the MiFID II Directive
The French Autorité des Marchés Financiers (AMF) applies ESMA guidelines on MiFID II product governance requirements to investment service providers. These requirements detail the obligations of both product manufacturers and distributors, specifically regarding target market definitions and distribution strategies. The AMF's position DOC-2018-04 integrates these standards to ensure compliance with Articles L. 533-24 and L. 533-24-1 of the Monetary and Financial Code.
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