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- The Autorité des Marchés Financiers steps up its cooperation with the China Securities Regulatory Commission
The Autorité des Marchés Financiers steps up its cooperation with the China Securities Regulatory Commission
The AMF has announced the signing, during President XI Jinping state visit to France, of a new agreement with the Chinese regulator, with the shared objective of promoting innovation in financial services in France and in China.
This bilateral agreement will enable the AMF and the China Securities Regulatory Commission (CSRC) to exchange information on the current innovation trends on their respective markets, on new categories of market participants as well as on advanced technologies applied to financial services. This will enable the AMF and the CSRC to share their knowledge on the use of artificial intelligence, of Big Data-type techniques, or on the expansion of robo-advisory and blockchain technologies. The agreement will also establish dialogue on the regulatory challenges posed by these innovations and the responses adopted in each of these jurisdictions.
This agreement will also enable both authorities to provide support to innovative projects holders when examining and understanding the regulations in both countries, thereby assisting them with their international development.
Over the last two years, the AMF has focused on forging relationships built on trust with a number of its counterparts sharing the same goal of promoting innovation in financial services. This has led to the signing of cooperation agreements with the authorities in Singapore, Abu Dhabi, Canadian provinces, Japan and Mauritius.
About the AMF
The AMF is an independent public authority responsible for ensuring that savings invested in financial products are protected and that investors are provided with adequate information. The AMF also supervises the orderly operations of markets. Visit our website https://www.amf-france.org
Press contact:
AMF Communication Directorate - Christèle Fradin - Tel: +33 (0)1 5345 6029 or +33 (0)1 5345 6028
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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