01 January 2024 | Policy | Instruction DOC-2019-23 … Rules applicable to digital asset service providers … Fintech Crypto-assets Regulatory … in the registration and application files of digital asset service providers, the capital requirements applicable … 20, 2019 2/13 Person(s) responsible for the effective management of the applicant and for the application4 Name: … |
22 December 2023 | Enforcement Committee news releases | AMF Enforcement Committee fines a financial investment advisor and its director for breach of professional obligations In its decision of 19 December 2023, the Committee imposed a fine of €15,000 on each of the respondents, Séquence 13 and its director, Jean-Louis Lehmann, and banned them from acting as financial investment advisors for five years. … 2021, in the context of its investment advisory and asset management related consultancy activities. After rejecting … |
21 December 2023 | AMF news release | The AMF publishes summary of third thematic inspection of asset management companies' cybersecurity systems Cybersecurity is one of the main topic identified by the AMF within its risk mapping. With a view to implementing the European Digital Operational Resilience Act (DORA) and in line with its risk mapping, the AMF has examined the cyber risk supervision systems of five institutions in the light of their relationships with their main IT service… … The AMF publishes summary of third thematic inspection of asset management companies' cybersecurity systems … After two … cyber risk management practices of five new medium-sized asset management companies. This risk is defined as the … |
21 December 2023 | News | The AMF updates its policy on disclosures by collective investment schemes incorporating non-financial methods The AMF is updating its Position-Recommendation DOC-2020-03, which defines the disclosures to be made by collective investment schemes incorporating non-financial approaches, to expand its scope to Other AIFs listed as units of account (UA) in life insurance policies sold to non-professional clients in France. … incorporating non-financial methods … News … Investment management companies … The AMF updates its policy on … investment schemes incorporating non-financial methods … Asset management … UCIT … Collective investments … |
21 December 2023 | Spot Inspections | Summary of SPOT inspections on asset management companies' cybersecurity measures No. 3 - 2023 As announced in its supervisory priorities for 2023, the Autorité des Marchés Financiers (AMF) has conducted a 3rd SPOT (Supervision of Operational and Thematic Practices) inspection campaign of the cybersecurity systems of 5 asset management companies (AMCs). This work is a continuation of the work carried out in 2019 and 2020 within the context… … Summary of SPOT inspections on asset management companies' cybersecurity measures No. 3 - 2023 … … inspection campaign of the cybersecurity systems of 5 asset management companies (AMCs). This work is a … |
20 December 2023 | News | Changes to CIU authorisation and declaration processes The ROSA extranet, which is intended to replace the current GECO extranet, will further digitalise interactions between the AMF and investment management companies. Launched for portfolio management companies in early 2021, this tool will be operational for collective investment undertakings in early 2024. With this in mind, the AMF is updating… … the ROSA extranet, which was launched for investment management companies in early 2021, will be officially … to the change of interface, in most cases investment management companies will fill in the information relating to … … Changes to CIU authorisation and declaration processes … Asset management … |
20 December 2023 | Policy | Position - Recommendation DOC-2020-03 Position-Recommendation DOC-2020-03 sets out the information on the consideration of non-financial criteria that French collective investment undertakings and foreign UCITS authorised for marketing in France may disclose. These provisions are described for the various regulatory documents (key investor information documents, prospectus) and… … start of 2019, the roll-out of non-financial investment management schemes and ranges of funds incorporating … announcements along these lines made by several portfolio asset management companies (“AMCs”). This trend is … to a clientele of retail investors. It applies to: - asset management companies of French UCITS and French … |
19 December 2023 | News | Requirements for investment committees and the affiliation of fund managers of asset management companies: the AMF updates its policy Amidst the aftermath of Brexit and the ongoing health crisis, asset management companies with international operations must update their organizational frameworks. Specifically, they need to address the criteria governing the location of fund managers within investment committees, along with the protocols for affiliating specific financial… … committees and the affiliation of fund managers of asset management companies: the AMF updates its policy … Investment … committees: some fund managers can be based overseas … Asset management companies can have fund managers domiciled … |
19 December 2023 | Public statements | Closing speech by Marie-Anne Barbat-Layani, AMF Chair - 20 years of the Autorité des Marchés Financiers - Thursday 23 November 2023 … the PACTE Law. It highlights the need to support digital asset service providers as they prepare for the … of a series of controls designed to ensure that investment management companies are meeting their contractual … … Journalists … Investment services providers … Investment management companies … Listed companies and issuers … Closing … |
14 December 2023 | Policy | Position - Recommendation DOC-2012-19 … Programme of operations guide for asset management companies and self-managed collective investments … Position Recommendation Programme of operations guide for asset management companies and self-managed collective … |