23 November 2023 | Warning | The AMF and the Paris Public Prosecutor's Office urge retail investors to be extremely vigilant regarding Immediate Connect's fraudulent investment offer in crypto-assets Following an initial public warning issued by the Autorité des Marchés Financiers (AMF) last June, the regulator continues to receive numerous enquiries and complaints from retail investors about this fraudulent automated trading offer, on Forex or in crypto-assets, which appears to be continuing via new websites. The AMF and the Paris Public…… vigilant regarding Immediate Connect's fraudulent investment offer in crypto-assets … On 23 June, the AMF … The AMF points out that only companies authorised as investment services providers in the European Union are permitted to … |
23 November 2023 | Enforcement Committee news releases | The AMF Enforcement Committee fines a French tied agent of a Cypriot investment services provider and its manager for breaches of their professional obligations In its decision of 10 November 2023, the Enforcement Committee imposed a fine of €300,000 on France Safe Media (FSM) and banned it from acting as a tied agent and from provinding reception and transmission of orders (RTO) service for 10 years. It also fined its manager, Lior Mattouk, €100,000 and banned him from managing or directing any entity…… Committee fines a French tied agent of a Cypriot investment services provider and its manager for breaches of their … on behalf of third parties. As a tied agent of Cypriot investment services provider VPR Safe Financial Group … |
02 November 2023 | Policy | Instruction DOC-2016-02 Instruction DOC-2016-02 describes the organisational conditions that must be fulfilled by a portfolio asset management company managing AIFs wishing to grant loans. It defines the requirements for obtaining authorisation or an extension of authorisation. It also specifies the conditions for reporting to the AMF and the Banque de France for the…… management companies for managing loan-granting AIFs … Investment management companies AIFMD Policy Instruction … for reporting to the AMF and the Banque de France for the investment management company on all loans granted by its … only subject to prior approval by AMF; or an investment services provider, provided that a risk control and conflicts … |
25 October 2023 | Public statements | Closing speech by Marie-Anne Barbat Layani, AMF Chair - 16th Seminar of the Enforcement Committee, Thursday 12 October 2023 … sanction proceedings against an association of financial investment advisers. I would like to remind you that the four … promoting certain risky and complex financial products, services based on digital assets where the advertiser is not … Infrastructures … Professional investors … Journalists … Investment services providers … Investment management … |
20 October 2023 | Public statements | Speech by Marie-Anne Barbat-Layani, AMF Chair - Fintech AMF-ACPR Forum, Monday 16 October 2023 … of the economy and of businesses. 3) Contribution to investment and investor protection. Studies show that between … Europe will have a passport and will be able to offer its services to French investors. That is why we are contributing … in scope and conduct their activities globally, combining services that are normally segregated in traditional finance. … |
19 October 2023 | AMF news release | The AMF ensures that retail investors are properly informed on fees of financial products The Autorité des Marchés Financiers (AMF) has published a guide for professionals on the terms they should use to make it easier for their customers to understand and compare fees. The AMF has launched a new section on fees on its website, providing educational content and tools to help retail investors better understand the costs they may be…… say they are uncomfortable assessing the impact of investment fees on returns, according to the AMF's latest Savings and Investment Barometer. Yet this impact can be significant. In … to the transparency of fees for financial products and services and urges professionals to make fees clearer and … |
06 October 2023 | Public statements | Speech by Benoît de Juvigny, AMF Secretary General - AFME’s 7th Annual European Compliance and Legal Conference – 28 September 2023, Brussels … beginning of a long legislative journey – as the Retail Investment Strategy. In one way or another, all these … forward and strengthening the Single Market for financial services. We can always see the CMU as a half full or a half … of « open strategic autonomy » in my opinion. … First, on investment research … I think we can all agree that the … |
04 October 2023 | In-depth | Sustainable finance Finance must contribute to the transition towards a more sustainable economy. Focus on our approach, our publications, and actions in the field of sustainable finance.… provided by asset management companies on their investment strategy and the way they manage risks related to … call for regulation of providers of ESG data, ratings and services European regulation for providers of ESG data, … in 2020 on Non-financial approaches in collective investment schemes non-financial approaches in collective … |
03 October 2023 | Policy | Position DOC-2018-04 The AMF adopts the ESMA guidelines on MiFID II product governance requirements (ESMA35-43-3448) for investment services providers. These guidelines, incorporated into position DOC-2018-04, aim to detail the obligations of manufacturers and distributors, particularly with regard to the categories to be taken into account in defining a target market…… Guidelines on MIFID II product governance requirements … Investment services providers MIFID Policy The AMF adopts the ESMA … II product governance requirements (ESMA35-43-620) for investment services providers. These guidelines, incorporated … |
03 October 2023 | Policy | Position DOC-2019-03 … MIFID II suitability requirements … Investment services providers MIFID Policy … Textes de référence … I of … is to clarify the procedures that must be carried out by investment services providers (ISPs) to verify the … |
Head of publications: The Executive Director of AMF Communication Directorate. Contact: Communication Directorate – Autorité des marches financiers 17 place de la Bourse – 75082 Paris cedex 02