- The AMF
- Presentation of the AMF
- The AMF at a glance
The AMF at a glanceSubscribe to our alerts and RSS feeds
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.
The AMF regulates the French financial market place, its participants and the investment products. It ensures that investors are properly informed and and is a driving force behind regulatory change at European and international levels.
Over the period 2018-2022, the AMF intends to play an active role in the forming of a strong and competitive future EU27, while taking on board the digital revolution and helping to meet the new challenges of the financing of the economy.
Our priorities for 2020
Each year, the AMF publishes its action and supervisory priorities. In 2020, we will be focusing on the following matters:
- attractiveness of financial markets
- regulation and supervision of asset management
- preparation of the post-Brexit era
- sustainable finance
- competitiveness of European financial centres in the digital sector
- the AMF’s transformation
The AMF has two distinct collegial bodies: the Board and the Enforcement Committee. The AMF relies on consultative commissions and a Scientific Advisory Board.
The Autorité des Marchés Financiers has two distinct collegial bodies: the Board, chaired by the AMF Chairman, and the Enforcement Committee. The Chairman appoints a Secretary General. Focus on our governance
The Board is the AMF’s main decision-making and prosecuting authority Chaired by Robert Ophèle since August 2017, it has 16 members drawn from a broad variety of backgrounds. This multidisciplinarity ensures that it has the technical and legal expertise needed to carry out its tasks.
The Enforcement Committee, which is made up of judges and professionals, has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene laws and regulations that fall within the jurisdiction of the AMF.
Comprising financial market participants, experts in management or market operation, representatives from professional associations or investor advocacy groups, the five AMF Consultative Commissions help inform the Board’s decisions on changes to regulations or AMF policy.
The Climate and Sustainable Finance Commission was set up by the AMF on 2 July 2019 and brings stakeholders together on the issue of sustainable finance. The role of this commission is to help the AMF carry out its regulatory and supervisory missions on issues related to sustainable finance.
The AMF set up a Scientific Advisory Board composed of prominent figures from the academic and financial worlds to expand its research and strategic intelligence capabilities. The board presents its work at an annual conference attended by members of the academic and market communities.
The AMF plays a key role with French, European and international institutions, and this has become even more important in today’s globalised financial markets that call for the emergence of precise, consistent and harmonised international standards.
The AMF enacts the rules that apply to the players and products that fall within its remit: financial markets, listed companies, financial transactions, financial intermediaries, collective investment products, etc.
Energy transition and the emergence of sustainable finance are key issues for financial markets, financial stability and investor protection.