02 July 2020 | AMF news release | Claire Castanet appointed coordinator of the ACPR and AMF Joint Unit starting 1st July 2020 Claire Castanet, the AMF's Head of Retail Investor Relations and Protection, will be taking over from Nathalie Beaudemoulin Mouratille, Director of Business Practices Supervision at the ACPR, as coordinator of the Joint Unit for Insurance, Banking and Retail Investment. … taking over the coordination at a critical moment for the financial sector, against a backdrop of profound … has highlighted the importance - for customers in the financial and insurance sector - of a subject that has … been clearly identified: the prevention of financial scams, at a time when the use of digital technology has … |
02 July 2020 | News | Money Laundering and Terrorist Financing: threats and risks in times of health crisis The AMF draws the attention of portfolio asset management companies, financial investment advisors, crowdfunding advisors and digital asset service providers to changes in the risks of money laundering and terrorist financing in the particular context of the worldwide health crisis. The Financial Action Task Force (FATF) and TRACFIN are publishing… … on Covid-19-related ML-TF risks and policy responses … The Financial Action Task Force (FATF) Secretariat has drawn up a … increasing ML-TF risks (increase in remote transactions, financial instability and massive State support measures). … The AMF and the ACPR warn the public of the risks of scams in the context of the coronavirus epidemic • AMF … |
12 June 2020 | AMF news release | The ACPR and AMF Joint Unit for Insurance, Banking and Retail Investment publishes its annual report 2019 Following on from its work in 2019, the Joint Unit of the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés Financiers (AMF) has stepped up its action in the context of the health crisis, in particular to tackle financial scams. … of low interest rates. Ensuring that clients of the financial sector are properly informed is central to the … on subjects as varied as the digital marketing of financial products or the issues of obtaining consent from … in the Joint Unit, stepping up the fight against financial scams in an unprecedented situation that is conducive to the … |
05 May 2020 | News | Robert Ophèle explains the AMF’s actions in response to the Covid-19 crisis To mark the publication of the AMF’s annual report, AMF Chairman Robert Ophèle explained, during a virtual press conference, the various measures taken in recent weeks to ensure the orderly operation of the markets and financial ecosystem as a whole during the coronavirus epidemic. He also touched upon the challenges that lay ahead. … Covid-19 crisis … As the current health crisis spawned a financial crisis ahead of an expected economic crisis, the … some of whom were distraught by the shocks to the financial markets and may have been tempted by alternative … investments. The AMF has redoubled its warnings on scams and has greatly expanded its blacklists of sites … |
08 April 2020 | News | Retail investors: find answers to the questions you are asking yourself in the context of the coronavirus pandemic (covid-19) Many of you have contacted the Autorité des Marchés Financiers for answers to the questions you are asking yourself regarding the impact of the coronavirus-induced health crisis on financial markets and on your investments.
Here are a few clarifications. We will update this page regularly in order to provide the best answers we can to all your… … of the coronavirus pandemic (covid-19) … Why not shut down financial markets? … Despite exceptional circumstances and … a fall in share prices and high stock market volatility, financial markets are technically operational. It is noted at … longer. … Why should you be especially on the lookout for scams? … Due to the lockdown, many of you are currently more … |
27 March 2020 | Warning | The AMF and the ACPR warn the public of the risks of scams in the context of the coronavirus epidemic The Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR), as part of of their respective missions of protecting retail investments and the clients of the banking and insurance sectors, call upon the public to show the greatest vigilance in the face of a risk of scams in the context of the covid‑19… … The AMF and the ACPR warn the public of the risks of scams in the context of the coronavirus epidemic … These … aggressive or manipulative direct marketing in the case of financial scams. The two authorities remind you that such … or intermediary that is proposing a banking, insurance or financial product (company identity, country of … |
08 January 2020 | AMF news release | The Autorité des Marchés Financiers unveils its priorities for 2020 During his New Year address to the press, AMF Chairman Robert Ophèle presented the regulator’s priorities for action and supervision for 2020. As the United Kingdom prepares to leave the European Union, the AMF is working to make financial markets more efficient, better integrated and more attractive. … United Kingdom, Brexit must incite us to rethink our own financial regulations in order to make our financial system more efficient, better integrated and more … based on artificial intelligence: the fight against scams and more generally the protection of savings remains a … |
14 November 2019 | Warning | The Autorité des Marchés Financiers (AMF) warns the public against the activities of certain websites offering to sell shares of La Française des Jeux without authorisation The AMF has observed keen interest from investors since the announcement of the privatisation of the La Française des Jeux lottery operator. At the same time, it has noted the appearance of several fraudulent websites offering to sell La Française des Jeux shares to investors without authorisation. The name of La Française des Jeux is likely to be… … des Jeux without authorisation … Given the regular scams in which sums entrusted by individuals to false … To ensure that the intermediary offering banking or financial products or services is authorised to operate in … or the list of authorised intermediaries in the financial investment advisor (FIA) category … |
18 September 2019 | AMF news release | Financial scams: the Paris Public Prosecutor's Office, the AMF and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) determined to cope with an industrialisation of this phenomenon Just over three years after an initial joint mobilisation to denounce fraudulent investment or credit offers, the three institutions have conducted a further review of these practices. These continue to represent substantial losses for savers, estimated at €1 billion between 1 July 2017 and 30 June 2019. The Public Prosecutor's Office of Paris… … Financial scams: the Paris Public Prosecutor's Office, the AMF and the … an industrialisation of this phenomenon … Fragmentation of scams … In recent years, the requests for information, claims … 2016, but have since shifted to savings accounts and new financial productsi riding current trends such as diamonds, … |
02 July 2019 | AMF news release | The Autorité des marchés financiers publishes its 2019 markets and risk outlook In a year marked by economic slowdown, geopolitical uncertainty and extremely low interest rates, the two main vulnerabilities identified in the 2019 edition are market correction and high debt levels. The third risk is the transformation of the financial sector in Europe, which is synonymous with possible pressure on the costs and profitability… … to be the highest risk today. The valuation levels of financial assets remain very high. On the equity markets, … they may be subject to unrealistic offers or even pure scams. With respect to the functioning of market and … responsible for ensuring that savings invested in financial products are protected and that investors are … |