The AMF is initiating a public consultation on a draft version of its General Regulatio amending certain provisions concerning the authorisation to take part in greenhouse gas emission allowance auctions (BookVII, Title IV), in application of Article L. 621-18-5 of the Monetary and Financial Code.
The proposed modifications have been made subsequent to Articles 19, 20 and 22 of Order n° 2012-827 of 28 June 2012 on the greenhouse gas allowance trading system which empowers the AMF to deliver an authorisation to certain entities to apply for admission to bid in greenhouse gas emission allowance auctions.
The main modifications proposed to the General Regulation concern:
- the terms and conditions applying to the filing of applications to obtain the authorisation set out inArticle L. 621-18-5 of the Monetary and Financial Code to take part in CO2 allowance auctions;
- the conditions that entities applying for such authorisations will be required to fulfil;
- the terms and conditions for granting and withdrawing the authorisation.
Responses to the consultation must be submitted by Monday 17 September 2012 at the latest to the following address: contactcom@amf-france.org.