The Autorité des Marchés Financiers (AMF) has published a new instruction covering liquidity management procedures at OPCIs and evergreen FCPRs
RegCanary analysis of a AMF publication
Why it matters
RegCanary's analysis of what this means for regulated firms.
For compliance teams, this means a thorough review of existing liquidity management frameworks is essential. The instruction likely sets expectations around governance, stress testing, and contingency planning. Firms should assess alignment with AMF guidance, update policies and procedures, and ensure board oversight.
While no immediate deadline is specified, proactive adaptation can mitigate regulatory risk and demonstrate commitment to investor protection. This also presents an opportunity to differentiate through robust liquidity practices. We recommend affected firms conduct a gap analysis, engage with the AMF if needed, and consider enhancing disclosures to investors.
Who this affects
Sectors and firm types identified in the analysis.
- General Regulation
Source
AMF
Original publication, 13 October 2026
Read the original publication amf-france.orgThis is RegCanary's analysis, not the regulator's text. It summarises and interprets the publication above; it is not the AMF's original wording, and it is not legal advice. Always rely on the original source.