14 April 2023 | Ombudsman’s Blog | Companies under court-ordered liquidation: what can you do with worthless securities in your portfolio? As I have already discussed in previous issues, I regularly receive requests from clients wishing to transfer or close their securities account and who find it difficult to do so because their portfolio contains securities whose issuer is in court-ordered liquidation. My past intervention has resulted in some progress, in particular with regard to…… Trade and Companies Register (RCS). [2] After a careful analysis of these answers, since the liquidation of company X … Pacte Law (see Article L. 221-32 IV of the Monetary and Financial Code), securities of companies in liquidation can … convert the securities to pure registered shares, if the financial instrument account agreements so permit. … … … … |
08 March 2023 | AMF news release | The AMF has produced the standard profile of active investors in 2022 Men and women: who trades in the stock market, in what type of securities, and in what age group? The Autorité des Marchés Financiers (AMF) has analysed the profile of French investors who bought and sold financial securities in 2022. The results show that three out of ten active investors are women and that men perform more transactions.… investors in 2022 … Under the regulations on markets in financial instruments, financial institutions are required to report each … versus 36% of men. … “The AMF wanted to contribute to the analysis of the differences in savings and investment … |
08 March 2023 | Report / study | AMF Barometer special edition: women and equity investments Based on its Savings and Investment Barometer, which surveys 2,000 men and women each year about their attitudes and perceptions of investing, this analysis looks at women's responses to their ownership of financial products, their knowledge, their use of an advisor, their openness to risk and their interest in equity investments.… about their attitudes and perceptions of investing, this analysis looks at women's responses to their ownership of financial products, their knowledge, their use of an advisor, … analysis looks at women's responses to their ownership of financial products, their knowledge, their use of an advisor, … |
07 March 2023 | AMF news release | Mystery shopping campaign to bank branches: progress made in the questioning to client, improvements needed in the information provided The new AMF mystery shopping campaign, carried out for the first time as part of a European exercise coordinated by ESMA, shows that institutions are conducting a more in-depth analysis of the situation of future clients than in the previous wave. However, there is still significant work to be done on how fees are presented and on providing…… of the regulations stemming from the Markets in Financial Instruments Directive (MiFID II). These visits are … focused more specifically on the costs and charges of financial products. As part of this campaign, conducted … shows that institutions are conducting a more in-depth analysis of the situation of future clients than in the … |
21 February 2023 | News | Money Laundering and Terrorist Financing: update of the COLB’s National Risk Assessment The AMF calls upon all regulated professionals to use an updated version of the national risk assessment when drafting or updating their own risk classification.… (NRA) which takes into account the recommendations of the Financial Action Task Force (FATF) and includes input from … … Until it publishes an update of its own sectoral risk analysis, the AMF urges the professionals placed under its … on 14 February 2023: COLB has approves the National Risk Analysis (NRA) on money laundering and terrorist financing in … |
16 February 2023 | Policy | Position - Recommendation DOC-2011-24 … distributing CIS (general principles, communication on financial indexes and strategy, etc.). These provisions cover … Textes de référence … Article L.533-12 of the Monetary and Financial Code (in French only) Articles 314-10 to 314-17 of … reference to external documents, such as an independent analysis published by a third party, shall mention at least … |
16 February 2023 | Policy | Position - Recommendation DOC-2011-05 … it was decided as part of the work undertaken by the Financial Services High Level Committee to expand the … appropriate), and more generally, with the technical and financial characteristics of the CIS. 2 In order better to … undervalued equities according to the fundamental analysis conducted by the asset manager, etc…) be highlighted … |
06 February 2023 | Enforcement Committee news releases | The AMF Enforcement Committee fines three legal entities and eight individuals for insider dealing breaches and failure to maintain and update insider lists In its decision of 30 January 2023, the Enforcement Committee imposed financial penalties of between €5,000 and €1,000,000 on ten individuals for insider dealing. It also imposed a fine of €350,000 on the legal entity whose securities were concerned by the insider dealing for failing to comply with its obligations to maintain and update the…… respondents to justify their action. At the end of this analysis, the Committee concluded that: THD and its director, … takes part in the AMF’s educational efforts by clarifying financial regulations when explaining its decisions. … Press … of 30 January 2023, the Enforcement Committee imposed financial penalties of between €5,000 and €1,000,000 on ten … |
12 January 2023 | News | Artificial intelligence, towards new contributions for regulators On the occasion of a study on the use of Data Science for supervisory purposes, the Autorité des marchés financiers (AMF) has explored the potential offered by natural language processing technologies in the analysis of documents prepared by listed companies. The regulator has focused its first experiment on the communication by companies of the…… natural language (NLP). … Deep Learning for risk factors analysis … To test these possibilities, the study was carried … sustainable finance. … Read more … Automated risk factor analysis published by listed companies: a use case of natural … intelligence, towards new contributions for regulators … Financial disclosures & corporate financing … Innovation … … |
12 January 2023 | Report / study | Automated analysis of risk factors published by listed companies: a use case of natural language processing for the AMF On the occasion of a study on the use of Data Science for supervisory purposes, the Autorité des marchés financiers (AMF) has explored the potential offered by natural language processing technologies in the analysis of documents prepared by listed companies.… Automated analysis of risk factors published by listed companies: a use … offered by natural language processing technologies in the analysis of documents prepared by listed companies. Automated … a use case of natural language processing for the AMF … Financial disclosures & corporate financing … Innovation … … |
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