14 November 2024 | Public statements | European supervision: crypto first! Co-signed op-ed by Marie-Anne Barbat-Layani, AMF Chair and François Villeroy de Galhau, Governor of the Banque de France, ACPR Chairman … posed by cryptoassets remain major, such as encouraging money laundering or hidden transactions, and investors will remain … service providers. Similarly, the future European anti-money laundering authority, the AMLA, could be entrusted … |
11 October 2024 | AMF news release | The AMF publishes the findings of a new series of SPOT inspections on the quality of regulatory reporting data The AMF publishes a new series of SPOT (Supervision of Operational and Thematic Practices) inspections on the processes for producing, checking and transmitting the reports required under the European Directive on Alternative Investment Fund Managers (AIFM) and the Money Market Fund Regulation to the regulator. The regulator also looked at the… … internal control report, the annual disclosure sheet, the anti-money laundering questionnaire and the information reported over … |
10 October 2024 | Spot Inspections | Summary of SPOT inspections on the process for producing, checking and transmitting regulatory reports to the AMF (AIFM, MMF, ROSA) As announced in its supervisory priorities in early 2023, the Autorité des Marchés Financiers (AMF) has conducted a new SPOT (Supervision of Operational and Thematic Practices) inspection campaign looking at the quality of the data transmitted by portfolio asset management companies (AMCs) to the AMF. The investigations focused on reporting under… … sheets/annual internal control reports (FRA-RAC), anti-money laundering questionnaires (AMLQ) and over the ROSA ‘entities’ … |
08 October 2024 | Policy | Position - Recommendation DOC-2012-19 - Programme of operations guide for asset management companies and self-managed collective investments The position-recommendation DOC-2012-19 outlines how to complete the sections of the autorization application (including the program of operations) and complementary sheets. In particular it provides specific instructions on the "four eyes" (quatre yeux) rule, access to (information on) the position of the market member, the credit analysis,… … This translation is for information purposes only 3.2.10. Anti-money laundering and the financing of terrorism … |
19 September 2024 | Enforcement Committee news releases | The AMF Enforcement Committee fines Sogenial Immobilier and its chairman a total of €180,000 In its decision of 12 September 2024, the Enforcement Committee fined Sogenial Immobilier, an asset management company, and its chairman, Jean-Marie Souclier, €150,000 and €30,000 respectively for breaches of their professional obligations. … that the company had not carried out all the necessary anti-money laundering and combating the financing of terrorism (AML/CFT) … |
13 September 2024 | Ombudsman’s Blog | Anti-money laundering: a securities account may be closed if a client fails to update relevant personal information Financial institutions are bound by strict Know Your Client (KYC) obligations to comply with their anti-money laundering and combating the financing of terrorism (AML/CFT) requirements. Clients should be extremely vigilant when they receive requests from their banks. As can be seen from this month’s case, the bank in question had every right… … Anti-money laundering: a securities account may be closed if a client … L.561-5-1 of the Monetary and Financial Code, under the anti-money laundering regulations. A second letter, dated 4 … |
09 September 2024 | Article | Obtaining a DASP registration/optional licensing Do you want to know in which cases registration with the AMF as a Digital Asset Service Provider (DASP) is mandatory? To obtain an optional licensing? You will find all the information on the subject here, together with the list of registered DASPs and the list of DASPs licensed by the AMF. … (ACPR), checks that you comply with the regulations on Anti-Money Laundering and Combating the Financing of Terrorism … |
02 August 2024 | News | MiCA Regulation: AMF now accepting applications for authorisation as a CASP With six months to go until entry into application of the provisions on crypto-asset services under the European MiCA Regulation, the Autorité des Marchés Financiers (AMF) has now begun to accept applications for authorisation to become a crypto-asset service provider from 1 July 2024. In anticipation of the upcoming entry into application, find… … comply with a set of common rules, such as requirements on anti-money laundering and countering terrorist financing, cyber security … |
17 July 2024 | Enforcement Committee news releases | AMF Enforcement Committee fines an asset management company and its directors for breaches of their professional obligations In its decision of 11 July 2024, the Enforcement Committee issued a warning to Inter Gestion REIM and its directors, Gilbert Rodriguez and Jean-François Talon. It also imposed a fine of €300,000 on Inter Gestion REIM, €50,000 on Mr Rodriguez and €15,000 on Mr Talon. … had failed in its obligation to establish an operational anti-money laundering and countering terrorist financing system and to … |
17 July 2024 | Report / study | Sector risk assessment on money laundering and terrorist financing The AMF has published a new version of its money laundering and terrorist financing (ML/FT) sectoral risk analysis (SRA), the initial version of which was published in 2019. This document sets out, for the professionals under its supervision, the national risk analysis (NAR) updated and published in 2023 by the Conseil d'Orientation de la Lutte… … Sector risk assessment on money laundering and terrorist financing … Télécharger le contenu … Blanchiment de Capitaux et de Financement du Terrorisme (Anti-Money Laundering and Countering Terrorist Financing … |
