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     "https://www.esma.europa.eu/sites/default/files/2023-03/ESMA35-43-3448_Final_report_on_MiFID_II_guidelines_on_product_governance.pdf",
     "https://www.euronext.com/en/trading/trading-hours-holidays",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.1001339/85904A71774E0B7BD1363B51A709D86A06A68779B7FDB278CD3FFB56BA2EA976.pdf",
     "https://www.euronext.com/en/trading/market-quality/trading-safeguards-euronext-markets",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.985278/66C408E507E23B353CA6AC85986B01788B826C73F5E8A63C4DEA33FD76AAEC8F.pdf",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.982280/90522EB132CDFECABFA46397E267A59E275A5C2F95D2B9512A9973E5A46A42C0.pdf"
    ]
   },
   {
    "name": "short_selling",
    "value": "not_found",
    "read_at": "2026-10-31T02:03:10Z",
    "pages_checked": [
     "https://www.amf-france.org/en/regulation/policy/doc-2018-04",
     "https://www.esma.europa.eu/sites/default/files/2023-08/ESMA35-43-3448_Guidelines_on_product_governance.pdf",
     "https://www.amf-france.org/sites/institutionnel/files/pdf/62841/en/Guidelines_on_MIFID_II_product_governance_requirements.pdf?1652177829",
     "https://www.amf-france.org/sites/institutionnel/files/private/2023-09/doc-2018-04-_va2_0.pdf",
     "https://www.esma.europa.eu/sites/default/files/2023-03/ESMA35-43-3448_Final_report_on_MiFID_II_guidelines_on_product_governance.pdf",
     "https://www.euronext.com/en/trading/trading-hours-holidays",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.1001339/85904A71774E0B7BD1363B51A709D86A06A68779B7FDB278CD3FFB56BA2EA976.pdf",
     "https://www.euronext.com/en/trading/market-quality/trading-safeguards-euronext-markets",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.985278/66C408E507E23B353CA6AC85986B01788B826C73F5E8A63C4DEA33FD76AAEC8F.pdf",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.982280/90522EB132CDFECABFA46397E267A59E275A5C2F95D2B9512A9973E5A46A42C0.pdf"
    ]
   },
   {
    "name": "market_abuse",
    "value": "not_found",
    "read_at": "2026-10-31T02:03:10Z",
    "pages_checked": [
     "https://www.amf-france.org/en/regulation/policy/doc-2018-04",
     "https://www.esma.europa.eu/sites/default/files/2023-08/ESMA35-43-3448_Guidelines_on_product_governance.pdf",
     "https://www.amf-france.org/sites/institutionnel/files/pdf/62841/en/Guidelines_on_MIFID_II_product_governance_requirements.pdf?1652177829",
     "https://www.amf-france.org/sites/institutionnel/files/private/2023-09/doc-2018-04-_va2_0.pdf",
     "https://www.esma.europa.eu/sites/default/files/2023-03/ESMA35-43-3448_Final_report_on_MiFID_II_guidelines_on_product_governance.pdf",
     "https://www.euronext.com/en/trading/trading-hours-holidays",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.1001339/85904A71774E0B7BD1363B51A709D86A06A68779B7FDB278CD3FFB56BA2EA976.pdf",
     "https://www.euronext.com/en/trading/market-quality/trading-safeguards-euronext-markets",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.985278/66C408E507E23B353CA6AC85986B01788B826C73F5E8A63C4DEA33FD76AAEC8F.pdf",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.982280/90522EB132CDFECABFA46397E267A59E275A5C2F95D2B9512A9973E5A46A42C0.pdf"
    ]
   },
   {
    "name": "trading_controls",
    "value": "not_found",
    "read_at": "2026-10-31T02:01:28Z",
    "pages_checked": [
     "https://www.amf-france.org/en/regulation/policy/doc-2018-04",
     "https://www.esma.europa.eu/sites/default/files/2023-08/ESMA35-43-3448_Guidelines_on_product_governance.pdf",
     "https://www.amf-france.org/sites/institutionnel/files/pdf/62841/en/Guidelines_on_MIFID_II_product_governance_requirements.pdf?1652177829",
     "https://www.amf-france.org/sites/institutionnel/files/private/2023-09/doc-2018-04-_va2_0.pdf",
     "https://www.esma.europa.eu/sites/default/files/2023-03/ESMA35-43-3448_Final_report_on_MiFID_II_guidelines_on_product_governance.pdf",
     "https://www.euronext.com/en/trading/trading-hours-holidays",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.1001339/85904A71774E0B7BD1363B51A709D86A06A68779B7FDB278CD3FFB56BA2EA976.pdf",
     "https://www.euronext.com/en/trading/market-quality/trading-safeguards-euronext-markets",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.985278/66C408E507E23B353CA6AC85986B01788B826C73F5E8A63C4DEA33FD76AAEC8F.pdf",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.982280/90522EB132CDFECABFA46397E267A59E275A5C2F95D2B9512A9973E5A46A42C0.pdf"
    ],
    "conflict": {
     "values": [
      {
       "value": [
        {
         "mechanism": "Dynamic collars (first layer of Euronext circuit-breaker)",
         "scope": "Euronext cash markets",
         "thresholds": {
          "CAC 40 constituents": "+/- 3%",
          "Other Equities": "+/- 5%"
         },
         "minimum_trading_reservation": "3 minutes"
        },
        {
         "mechanism": "Static collars (second layer of Euronext circuit-breaker)",
         "scope": "Euronext cash markets",
         "thresholds": {
          "CAC 40 constituents": "+/- 8%",
          "Other Equities": "+/- 10%"
         },
         "minimum_trading_reservation": "3 minutes",
         "consecutive_reservation_same_direction": "10 minutes (AEX, BEL 20, CAC 40, ISEQ 20 and PSI 20 constituents)"
        },
        {
         "mechanism": "Prevention",
         "description": "the capacity to reject aberrant orders (unusually large in size or in units/price) before they enter the market; the capacity to halt instruments subject to single orders that might disrupt the market"
        }
       ],
       "source_url": "https://www.euronext.com/en/trading/market-quality/trading-safeguards-euronext-markets",
       "quote": "This safeguard threshold automatically halts trading on a stock if its price reaches +/−5% price variation (or +/-3% if the stock is part of a flagship index) on the dynamic collar reference price.",
       "source_date": null
      }
     ],
     "reason": "review PARTIAL: **PARTIAL**\n\nThe excerpt supports the dynamic and static collar thresholds (including the +/-3% and +/-5% for dynamic collars, and +/-8% and +/-10% for static collars) but does not explicitly confirm ",
     "selection_rule": "none — unresolved (BOOK-02 records, does not resolve)"
    }
   },
   {
    "name": "market_calendar",
    "value": "Euronext cash and derivatives markets open Monday to Friday throughout 2026 except listed days; Paris full closures: 1 Jan, Good Friday 3 Apr, Easter Monday 6 Apr, 1 May, 25 Dec; half days 24 and 31 Dec",
    "read_at": "2026-10-23",
    "pages_checked": [
     "https://www.euronext.com/en/trading/trading-hours-holidays"
    ],
    "source_url": "https://www.euronext.com/en/trading/trading-hours-holidays"
   },
   {
    "name": "halts_sources",
    "value": "not_found",
    "read_at": "2026-10-31T02:03:11Z",
    "pages_checked": [
     "https://www.amf-france.org/en/regulation/policy/doc-2018-04",
     "https://www.esma.europa.eu/sites/default/files/2023-08/ESMA35-43-3448_Guidelines_on_product_governance.pdf",
     "https://www.amf-france.org/sites/institutionnel/files/pdf/62841/en/Guidelines_on_MIFID_II_product_governance_requirements.pdf?1652177829",
     "https://www.amf-france.org/sites/institutionnel/files/private/2023-09/doc-2018-04-_va2_0.pdf",
     "https://www.esma.europa.eu/sites/default/files/2023-03/ESMA35-43-3448_Final_report_on_MiFID_II_guidelines_on_product_governance.pdf",
     "https://www.euronext.com/en/trading/trading-hours-holidays",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.1001339/85904A71774E0B7BD1363B51A709D86A06A68779B7FDB278CD3FFB56BA2EA976.pdf",
     "https://www.euronext.com/en/trading/market-quality/trading-safeguards-euronext-markets",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.985278/66C408E507E23B353CA6AC85986B01788B826C73F5E8A63C4DEA33FD76AAEC8F.pdf",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.982280/90522EB132CDFECABFA46397E267A59E275A5C2F95D2B9512A9973E5A46A42C0.pdf"
    ]
   },
   {
    "name": "identifiers",
    "value": "not_found",
    "read_at": "2026-10-31T02:03:11Z",
    "pages_checked": [
     "https://www.amf-france.org/en/regulation/policy/doc-2018-04",
     "https://www.esma.europa.eu/sites/default/files/2023-08/ESMA35-43-3448_Guidelines_on_product_governance.pdf",
     "https://www.amf-france.org/sites/institutionnel/files/pdf/62841/en/Guidelines_on_MIFID_II_product_governance_requirements.pdf?1652177829",
     "https://www.amf-france.org/sites/institutionnel/files/private/2023-09/doc-2018-04-_va2_0.pdf",
     "https://www.esma.europa.eu/sites/default/files/2023-03/ESMA35-43-3448_Final_report_on_MiFID_II_guidelines_on_product_governance.pdf",
     "https://www.euronext.com/en/trading/trading-hours-holidays",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.1001339/85904A71774E0B7BD1363B51A709D86A06A68779B7FDB278CD3FFB56BA2EA976.pdf",
     "https://www.euronext.com/en/trading/market-quality/trading-safeguards-euronext-markets",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.985278/66C408E507E23B353CA6AC85986B01788B826C73F5E8A63C4DEA33FD76AAEC8F.pdf",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.982280/90522EB132CDFECABFA46397E267A59E275A5C2F95D2B9512A9973E5A46A42C0.pdf"
    ]
   },
   {
    "name": "isin_prefix",
    "value": "FR - numbering agency Euroclear France",
    "read_at": "2026-10-23",
    "pages_checked": [
     "https://anna-web.org/identifiers/"
    ],
    "source_url": "https://anna-web.org/identifiers/"
   },
   {
    "name": "lei_requirements",
    "value": "LEI = unique 20-character alphanumeric code, ISO 17442 (GLEIF); GLEIF page states no general who-must-hold rule",
    "read_at": "2026-10-23",
    "pages_checked": [
     "https://www.gleif.org/en/about-lei/introducing-the-legal-entity-identifier-lei"
    ],
    "source_url": "https://www.gleif.org/en/about-lei/introducing-the-legal-entity-identifier-lei"
   },
   {
    "name": "settlement",
    "value": [
     {
      "instrument": "Certificates (BNP Paribas Issuance B.V., Euronext Access Paris)",
      "cycle": "delivered on or about the second Business Day after their purchase by the investor against payment of the purchase amount",
      "settlement_type": "Settlement will be by way of cash payment (Cash Settled Securities)"
     }
    ],
    "read_at": "2026-10-31T02:01:28Z",
    "pages_checked": [
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.982280/90522EB132CDFECABFA46397E267A59E275A5C2F95D2B9512A9973E5A46A42C0.pdf",
     "https://anna-web.org/identifiers/",
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     "https://www.amf-france.org/sites/institutionnel/files/private/2023-09/doc-2018-04-_va2_0.pdf",
     "https://www.gleif.org/en/about-lei/introducing-the-legal-entity-identifier-lei",
     "https://www.amf-france.org/sites/institutionnel/files/pdf/62841/en/Guidelines_on_MIFID_II_product_governance_requirements.pdf?1652177829",
     "https://www.esma.europa.eu/sites/default/files/2023-08/ESMA35-43-3448_Guidelines_on_product_governance.pdf",
     "https://www.esma.europa.eu/sites/default/files/2023-03/ESMA35-43-3448_Final_report_on_MiFID_II_guidelines_on_product_governance.pdf",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.947309/1FFBC02D44C9E5740D0C94170BF06FD64F4AC6B54C0ED912734D207E488BFD4A.pdf",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.945843/E6618A8D0A374025485D11E7BBEA5E87B9F8DF05A355C2B55BD8FF1023BB99EF.pdf"
    ],
    "source_url": "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.982280/90522EB132CDFECABFA46397E267A59E275A5C2F95D2B9512A9973E5A46A42C0.pdf",
    "source_date": "21 June 2024"
   },
   {
    "name": "clearing_and_custody",
    "value": [
     {
      "central_depositary": "Euroclear France",
      "common_depositary_for_euroclear_and_clearstream": "No",
      "delivery": "Delivery against payment",
      "form": "Dematerialised Notes, Bearer form (au porteur)",
      "instrument": "BPCE Fixed Rate Senior Preferred Notes (Euronext Paris)"
     }
    ],
    "read_at": "2026-10-31T02:01:56Z",
    "pages_checked": [
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.947309/1FFBC02D44C9E5740D0C94170BF06FD64F4AC6B54C0ED912734D207E488BFD4A.pdf",
     "https://anna-web.org/identifiers/",
     "https://www.amf-france.org/en/regulation/policy/doc-2018-04",
     "https://www.amf-france.org/sites/institutionnel/files/private/2023-09/doc-2018-04-_va2_0.pdf",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.982280/90522EB132CDFECABFA46397E267A59E275A5C2F95D2B9512A9973E5A46A42C0.pdf",
     "https://www.gleif.org/en/about-lei/introducing-the-legal-entity-identifier-lei",
     "https://www.amf-france.org/sites/institutionnel/files/pdf/62841/en/Guidelines_on_MIFID_II_product_governance_requirements.pdf?1652177829",
     "https://www.esma.europa.eu/sites/default/files/2023-08/ESMA35-43-3448_Guidelines_on_product_governance.pdf",
     "https://www.esma.europa.eu/sites/default/files/2023-03/ESMA35-43-3448_Final_report_on_MiFID_II_guidelines_on_product_governance.pdf",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.945843/E6618A8D0A374025485D11E7BBEA5E87B9F8DF05A355C2B55BD8FF1023BB99EF.pdf"
    ],
    "source_url": "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.947309/1FFBC02D44C9E5740D0C94170BF06FD64F4AC6B54C0ED912734D207E488BFD4A.pdf",
    "source_date": "23 January 2024"
   },
   {
    "name": "corporate_actions",
    "value": [
     {
      "instrument": "BPCE Notes",
      "noteholder_representation": "Contractual Masse shall apply",
      "representative": "As per Condition 11(c)"
     }
    ],
    "read_at": "2026-10-31T02:01:56Z",
    "pages_checked": [
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.947309/1FFBC02D44C9E5740D0C94170BF06FD64F4AC6B54C0ED912734D207E488BFD4A.pdf",
     "https://anna-web.org/identifiers/",
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     "https://www.amf-france.org/sites/institutionnel/files/private/2023-09/doc-2018-04-_va2_0.pdf",
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     "https://www.gleif.org/en/about-lei/introducing-the-legal-entity-identifier-lei",
     "https://www.amf-france.org/sites/institutionnel/files/pdf/62841/en/Guidelines_on_MIFID_II_product_governance_requirements.pdf?1652177829",
     "https://www.esma.europa.eu/sites/default/files/2023-08/ESMA35-43-3448_Guidelines_on_product_governance.pdf",
     "https://www.esma.europa.eu/sites/default/files/2023-03/ESMA35-43-3448_Final_report_on_MiFID_II_guidelines_on_product_governance.pdf",
     "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.945843/E6618A8D0A374025485D11E7BBEA5E87B9F8DF05A355C2B55BD8FF1023BB99EF.pdf"
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    "source_url": "https://bdif.amf-france.org/back/api/v1/documents/2024/CP.24.947309/1FFBC02D44C9E5740D0C94170BF06FD64F4AC6B54C0ED912734D207E488BFD4A.pdf",
    "source_date": "23 January 2024"
   },
   {
    "name": "retail_access",
    "value": [
     {
      "regulator": "AMF",
      "instrument": "Position DOC-2018-04",
      "rule": "The AMF applies all the guidelines issued by ESMA on product governance requirements under MiFID II (ESMA35-43-3448)",
      "interpretation_para_54": "where distributors only carry out execution services with the assessment of appropriatness (for example through a brokerage platform), target market assessment usually limited to clients type and clients' knowledge and experience; where they only conduct execution services under the execution-only regime, not even the assessment of clients' knowledge and experience will usually be possible"
     }
    ],
    "read_at": "2026-10-31T01:47:35Z",
    "pages_checked": [
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     "https://www.gleif.org/en/about-lei/introducing-the-legal-entity-identifier-lei",
     "https://www.amf-france.org/sites/institutionnel/files/pdf/62841/en/Guidelines_on_MIFID_II_product_governance_requirements.pdf?1652177829",
     "https://www.esma.europa.eu/sites/default/files/2023-08/ESMA35-43-3448_Guidelines_on_product_governance.pdf",
     "https://www.esma.europa.eu/sites/default/files/2023-03/ESMA35-43-3448_Final_report_on_MiFID_II_guidelines_on_product_governance.pdf",
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    "source_url": "https://www.amf-france.org/sites/institutionnel/files/private/2023-09/doc-2018-04-_va2_0.pdf",
    "source_date": "Document created on 12 April 2018, modified on 28 September 2023"
   },
   {
    "name": "cross_border_access",
    "value": [
     {
      "instrument": "BNP Paribas Issuance B.V. Certificates",
      "restriction": "the Securities may not be legally or beneficially owned by or transferred to any U.S. person at any time",
      "non_exempt_offer_jurisdictions": "France"
     }
    ],
    "read_at": "2026-10-31T02:01:28Z",
    "pages_checked": [
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   },
   "counts": {
    "filled": 12,
    "not_found": 13,
    "conflict": 3,
    "inferred": 0,
    "kept_seed": 11,
    "replaced_seed": 1
   },
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    "jurisdiction_scope": "verified but undated — the source bears no date (order: source_date or not_found)",
    "competent_authorities": "review PARTIAL: PARTIAL\n\nThe excerpt explicitly supports the ACPR's responsibility for structured deposits but does not directly confirm the AMF's role in applying *all* ESMA guidelines on product governance under Mi",
    "duty_map": "verified · date on-page (reader)",
    "regulated_activities": "not stated on the pages read",
    "participant_categories": "verified · date on-page (reader)",
    "product_categories": "verified · date on-page (reader)",
    "issuer_and_listing_scope": "not stated on the pages read",
    "exchanges_and_venues": "verified · date on-page",
    "information_stores": "verified but undated — the source bears no date (order: source_date or not_found)",
    "store_lookup": "not stated on the pages read",
    "periodic_reporting": "verified · date on-page (reader)",
    "ad_hoc_disclosure": "verified · date on-page (reader)",
    "filing_formats": "verified · date on-page (reader)",
    "filing_languages": "verified · date on-page (reader)",
    "prospectus_regime": "verified · date on-page (reader)",
    "product_disclosures": "not stated on the pages read",
    "takeover_regime": "not stated on the pages read",
    "ownership_reporting": "not stated on the pages read",
    "short_selling": "not stated on the pages read",
    "market_abuse": "not stated on the pages read",
    "trading_controls": "review PARTIAL: **PARTIAL**\n\nThe excerpt supports the dynamic and static collar thresholds (including the +/-3% and +/-5% for dynamic collars, and +/-8% and +/-10% for static collars) but does not explicitly confirm ",
    "market_calendar": "verified but undated — the source bears no date (order: source_date or not_found)",
    "halts_sources": "not stated on the pages read",
    "identifiers": "not stated on the pages read",
    "isin_prefix": "verified but undated — the source bears no date (order: source_date or not_found)",
    "lei_requirements": "verified but undated — the source bears no date (order: source_date or not_found)",
    "settlement": "verified · date on-page (reader)",
    "clearing_and_custody": "verified · date on-page (reader)",
    "corporate_actions": "verified · date on-page (reader)",
    "retail_access": "verified · date on-page (reader)",
    "cross_border_access": "verified · date on-page (reader)",
    "tax_at_source": "not stated on the pages read",
    "fees_and_levies": "not stated on the pages read",
    "conduct_and_conflicts": "verified · date on-page (reader)",
    "recordkeeping": "verified · date on-page (reader)",
    "complaints_and_redress": "review UNSUPPORTED: UNSUPPORTED. The excerpt lists various AMF policy documents but does not contain the content or provisions of \"DOC-2012-07 Complaint handling\" (specifically section IV.1 on General provisions for Mark",
    "effective_changes": "verified · date on-page (reader)",
    "additional_duty_fields": "not stated on the pages read"
   }
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