22 September 2023 | News | Markets in crypto-assets: publication of the MiCA regulation The European Regulation on Markets in Crypto-Assets (MiCA) was published in the Official Journal of the European Union on Friday 9 June 2023 and will enter into force on 29 June 2023 … admission to trading of tokens; The provision of crypto-asset services by service providers; The prevention of market abuse in crypto-assets. After this date, crypto-asset service providers that provide crypto-asset services in … of orders for digital assets on behalf of clients, management of digital asset portfolios, digital asset … |
15 September 2023 | Enforcement Committee news releases | The AMF Enforcement Committee fines an asset management company and its directors for breaches of their professional obligations In its decision of 5 September 2023, the Enforcement Committee imposed a fine of €90,000 and a warning on Horizon Asset Management. It also imposed financial penalties of €30,000 and €15,000 respectively on its Chairman and its Managing Director, who was responsible for compliance and internal control at the time of the events. … The AMF Enforcement Committee fines an asset management company and its directors for breaches of their … of failings. Firstly, the Commission found that Horizon Asset Management had not honoured the commitment made in its … |
11 September 2023 | Report / study | Private equity : overview and vulnerabilities The steep rise of private equity, a segment of fund management dedicated to investment in non-listed shares, makes it a major and structuring player in the financial system. Based on a description of the market and current trends, the study offers a review of the potential risks it induces, and the possible implications for the competent… … The steep rise of private equity, a segment of fund management dedicated to investment in non-listed shares, … … The steep rise of private equity, a segment of fund management dedicated to investment in non-listed shares, … … Private equity : overview and vulnerabilities … Asset management … |
07 September 2023 | AMF news release | The AMF and the ARPP launch the Responsible Influence Certificate in Finance The Autorité des Marchés Financiers (AMF) and the Autorité de Régulation Professionnelle de la Publicité (ARPP) have jointly set up a training module for influencers in the financial sector. Their aim is to help professionalise commercial influence, an activity that is now regulated by law. … the various services offered (investment advice, portfolio management, order reception and transmission). It also … and how to check authorisations, crypto-assets and digital asset service providers (DASPs), miscellaneous assets … |
16 August 2023 | | Management companies Are you a European investment management company wishing to manage French UCITS or AIFs or open a branch in France? Are you a French or foreign investment management company wishing to market UCITS or AIFs in France? The AMF's teams will help you and you will find the information you need in this section. … Management companies … Are you a European investment management company wishing to manage French UCITS or AIFs or … actualités de mon espace … Subscriptions & RSS feeds All asset management news … Focus on … 1. Operate in France … |
09 August 2023 | News | The Autorité des Marchés Financiers (AMF) announces withdrawal of the authorisation of the portfolio asset management company Quantology Capital Management as of 30 June 2023 On 21 February 2023, the AMF Board noted that the asset management company Quantology Capital Management was no longer complying with the terms of its authorisation and therefore decided to withdraw its authorisation. … announces withdrawal of the authorisation of the portfolio asset management company Quantology Capital Management as of 30 … withdrawal was to take effect on the date on which another asset management company was appointed to manage the four … |
02 August 2023 | News | The AMF updates its policy on the information to be provided by collective investment schemes incorporating non-financial approaches The AMF has amended its Position-Recommendation DOC-2020-03 which defines the disclosures to be made by collective investment schemes incorporating non-financial approaches. The update extends the scope of this policy to include French and foreign European long-term investment funds (ELTIFs) marketed to retail investors in France. … incorporating non-financial approaches … News … Investment management companies … The AMF updates its policy on the … non-financial approaches … Collective investments … Asset management … |
31 July 2023 | Enforcement Committee news releases | The AMF Enforcement Committee fines an asset management company for breaches of its professional obligations In its decision of 26 July 2023, the Enforcement Committee imposed a fine of €200,000 on the asset management company Eres Gestion. Eres Gestion is an asset management company specialising in employee savings, retirement savings and employee shareholding schemes. … The AMF Enforcement Committee fines an asset management company for breaches of its professional … obligations … Firstly, the Committee found that the asset management company had failed in its obligation to … |
30 July 2023 | | Article 319-26 Book III - Service providers > Title I bis - Asset management companies of AIFs > Chapter IV - Conduct of business rules > Section 4 - Information about AIF management … to Article L. 621-8-4 of the Monetary and Financial Code, asset management companies shall provide the AMF with data on the … to Article L. 621-8-4 of the Monetary and Financial Code, asset management companies shall provide the AMF with data on … |
30 July 2023 | | Article 721-3 Book VII - Token Issuers and Digital Assets Services Providers > Title II - Digital Assets Services Providers > Chapter I - Registration requirements, license requirements and common provisions applicable to licensed digital assets services providers > Section 2 - License requirements … out and the number of employees allocated to each digital asset service for the coming two financial years; A list of … the information system set up for provision of the digital asset service; The measures taken to detect, prevent and … on the systems for verifying internal control and risk management; Details on the systems for evaluating and … |