Print from the website of the AMF
Published on May 26, 2016
The AMF is an independent public authority responsible for ensuring that savings invested in financial products are protected, providing investors with adequate information and supervising the orderly operation of markets. Review of key regulation figures for 2015.
Operating income: 101.5 million euros
Operating expenses: 90.49 million euros
14,424 queries processed by AMF Épargne Info Service, 71% of which came from individual investors.
4,927 advertisements and promotional communications examined, all media included.
20 warnings published concerning especially companies not authorised to propose investment services or products that are not authorised for marketing in France.
3 mystery shopping campaigns carried out(1)
1,406 mediation queries received, 62% of which fell within the jurisdiction of the AMF.
1,286 cases processed, including 745 that were inside the jurisdiction of the AMF, resulting in 364 opinions from the Ombudsman.
85 % of mediation cases were processed within the six months following receipt.
627 Investment management companies, including 30 authorised in 2015.
66% asset management companies authorised in less than 75 days.
10,519 funds in 2015 representing assets under management of 1 407 billion euros.
1,198 funds authorised in 2015.
460 investment services providers.
4,990 financial investment advisors and 30 crowdfunding advisors.
411 approvals on corporate finance transaction issued by the AMF
39 approvals for IPOs that raised 5.3 billion euros(2).
187 approvals for transactions in debt securities.
1.26 billion transactions reported to the AMF.
976 shares, more than 2,500 debt securities, nearly 38,000 warrants and certificates as well as agricultural-commodity derivative instruments monitored.
33 inspection reports of financial institutions and financial investment advisors completed.
75 investigations completed, including 48 in the context of international cooperation.
8 investigations and 12 inspections led to sanction proceedings.
12 settlement agreements ratified by the Enforcement Committee resulting in €1.32 million paid to the Treasury.
22 decisions taken by the Enforcement Committee, concerning 71 individuals and entities (specifically 29 legal entities).
65 fines imposed in amounts ranging from €3,000 to €5 million, representing a total amount of €21.33 million.
4 disciplinary penalties issued (2 warnings, 1 reprimand, 1 temporary ban on providing at least one service).