On 28 April 2020, FR AMF issued proposed shareholder activism rules.
- The AMF has suggested several targeted measures regarding shareholder activism.
- Enhance transparency on stake-building by lowering the first legal notification threshold for substantial shareholding and making public any statutory threshold crossing reported to the company;
- Supplementing the reporting on net short positions by information on the debt instruments also held by the investor (bonds and credit default swaps, for example). The AMF will support such proposals on the European level;