FINANCIAL COMMUNICATION: FRAMEWORK AND PRACTICES - 2019 EDITION

26 PREVENTINGTHE DISSEMINATION OF FALSE INFORMATION Following the dissemination of false information regarding theVinci share in November 2016, the AMF began studying best practices regarding the dissemination of information.The AMF recommends that issuers 35 : n train the team involved in the process for managing the dissemination of regulatory information in the possibility of an erroneous press release; n send all press releases submitted to press agencies to primary information providers at the same time; n release financial communications as much as possible outside of quotation periods without excluding financial communications during the trading session that it may be necessary to disclose under the Market Abuse Regulation; n implement reliable communication procedures that guarantee that information is sent and accessible via a secure channel, in particular by using a primary information provider (provided there is rigorous management of the access codes used to send press releases to said information provider); n make information sent electronically more secure. This applies to issuers who want to maintain an additional dissemination channel for certain players, including analysts, investors, media outlets and journalists; n implement a monitoring system (identify any domain names similar to that of the issuer’s, detect false websites, develop a system to prevent the website from being duplicated, etc.); n establish and regularly update an emergency procedure enabling a swift response to any incidents (persons involved, decision-making chain, “standard” denial press release, be aware of the relevant contact persons at the AMF and Euronext, etc.); n stay abreast of new hacking and identity theft techniques and update company processes accordingly. In addition, to simplify the process of verifying the reliability of sources for journalists and press agencies, the AMF has published a list indicating the name of the primary information provider used by each issuer whose securities are admitted to trading on the Euronext Paris regulated market and who use such a service provider. The list was updated on April 13, 2018. 35 – AMF Position/ Recommendation no. 2016-05 – Guide to periodic disclosures by companies listed on a regulated market (section 14.6), updated on March 6, 2019.