AMF decision on equivalence of US standards for admission to trading on a regulated market

01 October 2007

The AMF has agreed to consider that, where an issuer already listed or about to be listed on NYSE markets would be seeking to be admitted to trading on Euronext Paris without making a public offering in France, the US documents filed with the US SEC over the last twelve months can constitute a valid filing for the purpose of the AMF’s individual approval of the prospectus to be published in France.

 

This approval would be facilitated in case of pre-existing review by the SEC. This decision is based on the conclusion reached by the AMF that the US standards and the controlling environment applying to an issuer seeking a listing on a US exchange are equivalent to the European requirements.

 

Press release

© Graham Bishop