07 April 2021 | Public statements | Speech by Robert Ophèle, AMF Chairman - AMF 2021 International Seminar - 16 March 2021 … risky investments but are faced with increasing risks of scams. I am confident that this seminar will be an … sent shockwaves of unprecedented magnitude and the financial sector was not spared. From March 2020 onwards, the financial sector faced a major operational challenge, linked … |
04 March 2021 | Warning | The AMF, AFG, ASPIM, France Invest, Anacofi, Cie CIF, CNCGP and CNCIF warn the public against an upsurge in the theft of names of authorised market players The AMF and associations of asset and wealth management professionals are jointly calling on retail investors to exercise the utmost vigilance against the increasingly fraudulent use of the names of authorised intermediaries or financial products for scam purposes. Given the scale of the issue, they are reminding investors of the right reflexes… … … As part of its remit to protect savings invested in financial products, the AMF has warned the public on several … and/or accreditation number of authorised players. These scams have concerned real estate investment companies (SCPIs) … of reports by retail investors who had fallen victim to financial scams linked to impersonations. The increase was to … |
18 February 2021 | News | GameStop Mania: a look back over a market phenomenon In January and early February, financial markets experienced a spell of high volatility focused on certain stocks, mainly in the United States. A look back over the events of recent weeks in a brief series of questions and answers. … situation and review the activities of regulated entities, financial intermediaries, and other market participants. 29 … Secretary, Janet Yellen, called for a meeting with the financial regulatory authorities regarding the recent … most likely to influence stock markets and to track scams on social media. Aware of the growing influence of … |
18 January 2021 | Policy | Position DOC-2019-18 The obligation to report to TRACFIN is a complement to due diligence obligations with respect to clients. DOC-2019-18 specifies the scope of application of this obligation, presents the analysis process that may lead, where applicable, to a suspicious transaction report, and provides information on these practical arrangements. … de référence … Article L. 561-15 of the Monetary and Financial Code (in French only) Article L. 561-32 of the Monetary and Financial Code (in French only) Article R. 561-38 of the … including breach of trust, misuse of corporate assets, scams, counterfeiting, insider trading, price manipulation, … |
13 January 2021 | AMF news release | The French National Police and the Autorité des Marchés Financiers (AMF) sign a cooperation protocol to step up the fight against financial scams Robert Ophèle, Chairman of the AMF, and Jérôme Bonet, the Director of the Central Directorate of the Judicial Police, have signed a protocol defining the framework for cooperation between the financial markets regulator and the Sub-Directorate for Financial Crime (SDLCF). … sign a cooperation protocol to step up the fight against financial scams … The protocol provides that the two parties will be … ensure more effective identification of any trends in new financial scams, and carry out joint prevention and … |
11 January 2021 | AMF news release | The AMF has published its action and supervisory priorities for 2021 On the occasion of his New Year address to the press, AMF Chairman Robert Ophèle presented the regulator’s priorities for the next 12 months. After a year marked by an unprecedented health crisis arising from the coronavirus pandemic, the AMF will be actively engaged in supporting economic recovery. … AMF continued its mission to protect savings invested in financial products, monitored that investors were provided … retail investors that face the ever-increasing risk of scams, as they are more and more exposed on the Internet and … ensuring proportionality between the reality given to non-financial criteria in collective management and the place … |
05 October 2020 | News | Artificial intelligence and Big Data are now a reality for the AMF Big Data and artificial intelligence have been standard practice at the AMF for a number of years now enabling the regulator to handle the large volumes of data needed to perform its missions and analyse those data in record time. From market supervision to the detection of scams, artificial intelligence and big data provide capabilities to… … data. The regulations adopted in the aftermath of the financial crisis have enabled regulators to broaden the scope … possibilities from market supervision to the prevention of scams … The AMF is using the same tooled approach to data … fields of application, as detection and prevention of scams. Thanks to artificial intelligence, the AMF can … |
17 September 2020 | AMF news release | Savings: the AMF launches its first MOOC in partnership with the INC The Autorité des Marchés Financiers (AMF) and the French National Institute for Consumer Affairs (INC) have designed an online course that is aimed at teaching the general public about how to invest their savings and manage their investments effectively. The MOOC is available at no cost on the France Université Numérique (FUN) platform and will… … and Investments Effectively", explains all the basic financial terms and concepts, the contents of key information … (KID), and reviews how investments work. It is part of a financial education initiative and has no particular … profile and also detect the signs of possible financial scams. The course is made up of three modules for three weeks … |
14 September 2020 | AMF news release | Launch of the "Rendez-Vous de l’Épargne" This autumn, as part of the national strategy for financial education, the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés Financiers (AMF), with the support of Banque de France, will be organising a series of conferences on the subject of savings all across France. These "Rendez-Vous de l’Épargne" events have… … … As part of its main remit to protect savings invested in financial instruments, the AMF, together with the ACPR, whose … de France, the operator of the national strategy for financial education. On 25 November 2019, at the meeting of … financial context, to increase vigilance against financial scams and to make the general public aware of the role of … |
23 July 2020 | Warning | The AMF announces the referral of two investigation files on “boiler room marketing” to the National Financial Prosecutor’s Office In recent years, the Autorité des Marchés Financiers has warned the public about this type of fraud in which investors are pressured to move quickly and seize investment opportunities, using sales pitches that are unrelated to the real value of the listed companies in question. It calls on investors to remain vigilant. … files on “boiler room marketing” to the National Financial Prosecutor’s Office … The boiler room technique is … then sell the large number of shares it holds on better financial terms. As soon as this sales activity comes to a … activities were likely to constitute criminal offences (scams and money laundering, among others) the regulator has … |