Life after London: AMF urges revived capital markets union

French regulator wants supervisory convergence, examines Mifid II impact on market transparency

Natasha Cazenave
Natasha Cazenave: “We have consistently supported the policy objective of improved transparency”

Two items top the priority list for France’s Autorité des Marchés Financiers (AMF) in 2018. One is a major regulatory change Europe wanted, the other is a change no-one outside the UK wanted. But while Brexit and the second Markets in Financial Instruments Directive (Mifid II) have very different origins and effects, the AMF’s head of policy and international affairs, Natasha Cazenave, sees a common thread running through both.

That theme is the need to develop a European financial market

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