18 December 2023 | AMF news release | AMF proposes enhanced investor information when evaluating boards of listed companies In the 2023 edition of its report on corporate governance and executive compensation in listed companies, the AMF reviews the regulatory developments of recent months and assesses the quality of the information published. In a section dedicated to the assessment of boards of directors, the AMF makes recommendations to improve the information… … the ongoing developments at European level regarding non-financial reporting obligations for companies through the … Finally, the AMF will ask the High Committee for the Financial Markets in Paris (HCJP) whether it would be … for ensuring that savings invested in financial products are protected and that investors are provided with … |
14 December 2023 | Policy | Position - Recommendation DOC-2012-19 … collective investments Annexes Marketing of complex financial instruments Application of business conduct rules … Directors under Article L. 532-9 11 4° of the Monetary and Financial Code .................... 20 2.3.1. Persons … 38 4. The marketing of products and sales policy … |
07 December 2023 | AMF news release | The AMF presents its 2023 Young Researcher Award to Sylvain Carré Launched in 2015 with the aim of supporting academic research on topics related to regulation and the financial markets, this year’s AMF prize goes to Sylvain Carré, Assistant Professor at Université Paris Dauphine. … work of researchers under the age of 35 on economic and financial topics of interest to the securities market … responsible for ensuring that savings invested in financial products are protected and that investors are provided with … |
07 December 2023 | Report / study | Marketing of financial products to vulnerable elderly people: summary of bilateral interviews held by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés Financiers (AMF) on progress made by institutions This note provides a summary of interviews conducted by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés Financiers (AMF) with banks, insurance companies and industry federations to find out how the market has progressed in taking into account the vulnerability of elderly customers in the marketing of… … Marketing of financial products to vulnerable elderly people: summary of bilateral … the vulnerability of elderly customers in the marketing of financial products. Marketing of financial products to … |
23 November 2023 | Warning | The AMF and the Paris Public Prosecutor's Office urge retail investors to be extremely vigilant regarding Immediate Connect's fraudulent investment offer in crypto-assets Following an initial public warning issued by the Autorité des Marchés Financiers (AMF) last June, the regulator continues to receive numerous enquiries and complaints from retail investors about this fraudulent automated trading offer, on Forex or in crypto-assets, which appears to be continuing via new websites. The AMF and the Paris Public… … interested parties were quickly contacted by a so-called financial adviser who encouraged them to register on an … the company is Check an authorisation authorised to offer financial services and is not on one of the AMF blacklists … for ensuring that savings invested in financial products are protected and that investors are provided with … |
23 November 2023 | Enforcement Committee news releases | The AMF Enforcement Committee fines a French tied agent of a Cypriot investment services provider and its manager for breaches of their professional obligations In its decision of 10 November 2023, the Enforcement Committee imposed a fine of €300,000 on France Safe Media (FSM) and banned it from acting as a tied agent and from provinding reception and transmission of orders (RTO) service for 10 years. It also fined its manager, Lior Mattouk, €100,000 and banned him from managing or directing any entity… … agent of Cypriot investment services provider VPR Safe Financial Group Limited, FSM offered its clients the … and knowledge to understand the risks associated with the products or services offered. It also found shortcomings in … takes part in the AMF’s educational efforts by clarifying financial regulations when explaining its decisions. … … |
22 November 2023 | AMF news release | Gamification tends to increase investment risk-taking, according to behavioural finance experiment conducted for the AMF A university laboratory experiment conducted at the request of the Autorité des Marchés Financiers (AMF), under the supervision of Marie-Hélène Broihanne, a professor at Strasbourg University and member of the AMF's Scientific Advisory Board, has shown that stimulus techniques derived from video games applied to investment can encourage people to… … on the risk-taking behaviour of young investors in their financial decisions and to identify the profiles that are … responsible for ensuring that savings invested in financial products are protected and that investors are provided with … |
20 November 2023 | AMF news release | The AMF publishes a second educational report on taxonomy reporting by listed companies Following a first analysis of listed companies' reporting on the taxonomy published in November 2022, the AMF is publishing a second report this year analysing the quality of the information provided by 31 non-financial companies on the eligibility and alignment of their activities with the European taxonomy. This study provides an in-depth look… … social and societal safeguards. Companies that publish non-financial statements must communicate their level of eligibility and, since 2023 for non-financial companies, the level of sustainability of their … for ensuring that savings invested in financial products are protected and that investors are provided with … |
09 November 2023 | AMF news release | An OECD study for the AMF profiles new French retail investors In order to gain a better understanding of retail investors who have started to invest in the markets since 2020, the Autorité des Marchés Financiers (AMF) has requested the support of the European Commission, which has designated the Organisation for Economic Co-operation and Development (OECD) to assist it in its efforts to target this audience… … investors, of which over a thousand had bought investment products for the first time in the last three years. The … one in four French people claim to hold an investment in financial instruments or crypto-assets. Half of these … of sources consulted seems to correlate with the level of financial knowledge. The survey shows that these new … |
07 November 2023 | AMF news release | The ACPR and AMF encourage financial institutions to continue their efforts to take account of the vulnerability of ageing clients The joint unit of the Autorité de contrôle prudentiel et de résolution (ACPR) and the Autorité des marchés financiers (AMF) has published a summary of interviews with finance professionals on the progress of their work to take account of the specific characteristics of vulnerable ageing clients when marketing financial products. … The ACPR and AMF encourage financial institutions to continue their efforts to take … with an adviser before any online subscription to complex products, vigilance in updating beneficiary clauses in life … do not provide sufficient controls on the marketing of financial products to vulnerable ageing customers. Compliance … |