{"id":112324,"date":"2025-01-03T10:54:25","date_gmt":"2025-01-03T09:54:25","guid":{"rendered":"https:\/\/www.afg.asso.fr\/?p=112324"},"modified":"2025-01-03T14:26:41","modified_gmt":"2025-01-03T13:26:41","slug":"lamf-applique-les-orientations-de-lesma-sur-la-denomination-des-fonds-esg-et-amenage-sa-doctrine-doc-2020-03","status":"publish","type":"post","link":"https:\/\/www.afg.asso.fr\/fr\/lamf-applique-les-orientations-de-lesma-sur-la-denomination-des-fonds-esg-et-amenage-sa-doctrine-doc-2020-03\/","title":{"rendered":"L\u2019AMF applique les orientations de l\u2019ESMA sur la d\u00e9nomination des fonds ESG et am\u00e9nage sa doctrine DOC 2020-03"},"content":{"rendered":"\n<p>L\u2019AMF a d\u00e9cid\u00e9 de se conformer aux orientations (<em>guidelines<\/em>) de l\u2019ESMA sur la d\u00e9nomination extra-financi\u00e8re des fonds.<\/p>\n\n\n\n<p>A cet effet, l\u2019AMF vient de publier les adaptations n\u00e9cessaires de sa <a href=\"https:\/\/www.amf-france.org\/fr\/reglementation\/doctrine\/doc-2020-03\" data-type=\"link\" data-id=\"https:\/\/www.amf-france.org\/fr\/reglementation\/doctrine\/doc-2020-03\">position-recommandation DOC-2020-03<\/a>. \u00a0Cette mise \u00e0 jour int\u00e8gre les lignes directrices de l\u2019ESMA sur la d\u00e9nomination des fonds, et apporte les ajustements n\u00e9cessaires concernant la documentation commerciale.<\/p>\n\n\n\n<p>Pour rappel,<a href=\"https:\/\/www.esma.europa.eu\/sites\/default\/files\/2024-05\/ESMA34-472-440_Final_Report_Guidelines_on_funds_names.pdf\" data-type=\"link\" data-id=\"https:\/\/www.esma.europa.eu\/sites\/default\/files\/2024-05\/ESMA34-472-440_Final_Report_Guidelines_on_funds_names.pdf\"> les orientations (guidelines) de l\u2019ESMA ont \u00e9t\u00e9 publi\u00e9es en mai 2024<\/a>, suivies d\u2019un Q&amp;A en d\u00e9cembre 2024 venant pr\u00e9ciser\u00a0:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>le traitement des obligations vertes (Green Bonds) : les fonds ayant recours dans leurs noms \u00e0 des termes li\u00e9s \u00e0 l\u2019environnement, \u00e0 l\u2019impact et \u00a0\u00e0 la durabilit\u00e9, pourront investir dans des obligations vertes europ\u00e9ennes (EuGB) ou des autres obligations vertes d\u00e8s lors que ces derni\u00e8res financent des activit\u00e9s qualifi\u00e9es de vertes ;<\/li>\n\n\n\n<li>la d\u00e9finition des armes controvers\u00e9es : celle-ci inclut pr\u00e9cis\u00e9ment\u00a0 les mines anti-personnel, les armes \u00e0 sous-munitions, les armes chimiques et les armes biologiques, comme d\u00e9fini par l\u2018indicateur 14 dans le tableau 1 de l\u2019annexe 1\u00a0 du r\u00e8glement d\u00e9l\u00e9gu\u00e9 2022\/1288 ;<\/li>\n\n\n\n<li>l\u2019engagement \u00e0 investir \u00ab de mani\u00e8re significative \u00bb (\u00ab <em>meaningfully<\/em> \u00bb) dans des investissements durables : m\u00eame si chaque autorit\u00e9 doit avoir une approche au cas par cas, l\u2019ESMA admet que le terme \u00ab <em>meaningfully<\/em> \u00bb pourrait ne pas correspondre \u00e0 un fonds ayant un seuil inf\u00e9rieur \u00e0 50 % d\u2019investissements durables.<\/li>\n<\/ul>\n\n\n\n<p>Si la d\u00e9nomination des fonds tombe dans le p\u00e9rim\u00e8tre couvert par les orientations&nbsp;:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Les nouveaux fonds doivent appliquer les crit\u00e8res de ces orientations depuis le 21 novembre 2024.<\/li>\n\n\n\n<li>Les fonds existants ont jusqu\u2019au 21 mai 2025 pour s\u2019y conformer.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>L\u2019AMF a d\u00e9cid\u00e9 de se conformer aux orientations (guidelines) de l\u2019ESMA sur la d\u00e9nomination extra-financi\u00e8re des fonds. A cet effet,&hellip;<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"wds_primary_category":5,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[5],"tags":[],"thematics":[41],"top_contenu":[44,45],"class_list":["post-112324","post","type-post","status-publish","format-standard","hentry","category-non-classifiee","thematics-finance-durable","top_contenu-top-contenu-espace-membre","top_contenu-top-contenu-home-page"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.afg.asso.fr\/fr\/wp-json\/wp\/v2\/posts\/112324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.afg.asso.fr\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.afg.asso.fr\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.afg.asso.fr\/fr\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.afg.asso.fr\/fr\/wp-json\/wp\/v2\/comments?post=112324"}],"version-history":[{"count":3,"href":"https:\/\/www.afg.asso.fr\/fr\/wp-json\/wp\/v2\/posts\/112324\/revisions"}],"predecessor-version":[{"id":112349,"href":"https:\/\/www.afg.asso.fr\/fr\/wp-json\/wp\/v2\/posts\/112324\/revisions\/112349"}],"wp:attachment":[{"href":"https:\/\/www.afg.asso.fr\/fr\/wp-json\/wp\/v2\/media?parent=112324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.afg.asso.fr\/fr\/wp-json\/wp\/v2\/categories?post=112324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.afg.asso.fr\/fr\/wp-json\/wp\/v2\/tags?post=112324"},{"taxonomy":"thematics","embeddable":true,"href":"https:\/\/www.afg.asso.fr\/fr\/wp-json\/wp\/v2\/thematics?post=112324"},{"taxonomy":"top_contenu","embeddable":true,"href":"https:\/\/www.afg.asso.fr\/fr\/wp-json\/wp\/v2\/top_contenu?post=112324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}