DOC-2024-07 Administration of Financial Securities Registered in a Distributed Ledger Admitted to Trading on a DLT Market Infrastructure

The Autorité des Marchés Financiers (AMF) issued Instruction DOC-2024-07 to provide regulatory doctrine on the administration of financial securities registered in a distributed ledger admitted to trading on a DLT market infrastructure. This guidance clarifies operational requirements and compliance standards for market participants managing such securities under Articles 322-50, 322-72-2, 322-72-3, and 322-72-5 of the General Regulations of the AMF. The instruction became applicable on November 6, 2024, establishing the framework for securities operations within this specific technological context.

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Autorite des Marches Financiers

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