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Article D421-3 of the French Monetary and Financial Code

The representative of the market undertaking must send its observations to the Autorité des marchés financiers within a period set by the letter referred to in Article D. 421-2. This deadline may not be less than three days. The representative of the market undertaking is summoned to appear before the AMF Board. The notice must reach the representative at least three days before the date of the Board meeting. The…

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Article D421-4 of the French Monetary and Financial Code

The decision to appoint a trustee shall specify the foreseeable duration of the assignment and the terms on which the market undertaking will remunerate the trustee, taking into account the nature and volume of the activity and the situation of the market undertaking concerned. The trustee is appointed for a maximum period of one year, renewable if circumstances so warrant, by a decision of the AMF Board taken by a…

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Article D421-6 of the French Monetary and Financial Code

The AMF draws up and maintains a list of French regulated markets. It shall communicate this list to the other Member States of the European Union and to the other States party to the Agreement on the European Economic Area, as well as to the European Securities and Markets Authority.

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Article R*421-6-1 of the French Monetary and Financial Code

Silence on the part of the administration shall constitute a decision to reject : 1° Applications for initial approval of the rules of a regulated market made pursuant to the third paragraph of Article L. 421-10; 2° Requests to amend the rules of a regulated market made pursuant to the fourth paragraph of Article L. 421-10.

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Article R421-6-3 of the French Monetary and Financial Code

The implied decision referred to in 1° of article R. * 421-6-1 arises at the end of a period of three months following the date of receipt of the application; the decision referred to in 2° of the same article arises at the end of a period of one month; the decision referred to in article R. 421-6-2 arises at the end of a period of three months.

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Article D421-7 of the French Monetary and Financial Code

The declarations of threshold crossing provided for in the second paragraph of I of Article L. 421-9 shall indicate separately the number of shares and the number of voting rights held in the market undertaking, calculated in accordance with the conditions laid down in Article D. 421-8.

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Article D421-8 of the French Monetary and Financial Code

Declarants, subject to the obligation provided for in the second paragraph of I of Article L. 421-9, are persons, acting alone or in concert in relation to the market undertaking: 1° Who directly own more than one tenth, one fifth, one third, one half or two thirds of the shares or voting rights of the market undertaking; 2° Or which control, within the meaning of Article L. 233-3 of the…

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