France

General Regulation of the AMF (Règlement général de l'AMF) is the authoritative, living instrument adopted by the French financial markets regulator in order to turn the top-level legislation into concrete requirements for practical operational compliance for investment professionals, asset managers, and market infrastructures. Adopted initially at the end of 2004 as a result of the consolidation of existing French financial markets supervisors, the regulation outlines clear frameworks within separate modules such as Book III – investment services, and Book V – market infrastructures, covering all areas including customer due diligence (KYC) and market transparency. The regulation is developed and adopted by the AMF Board; however, it has to be confirmed through the implementing decree of the French Minister for the Economy according to the legislation, and the currently valid version has come into force on 11 September 2026.