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The AMF published a new procedure for examining and authorising issue prospectuses for listed companies approved by its Board.
The procedure has been written into Article 5 of Instruction 2005-11 of
The French financial community has unanimously welcomed the reform, which stems from the efforts of the Simple Track working group chaired by AMF Board Member Bernard Field. More generally, it derives directly from the AMF's Better Regulation approach1. The aim was to carry out a fast-track review, in collaboration with the professionals concerned, of measures to simplify the ex ante control of corporate financing transactions by listed companies.
Instruction 2005-11 of 13 December 2005