14 August 2024 | In-depth | Sustainable finance Finance must contribute to the transition towards a more sustainable economy. Focus on our approach, our publications, and actions in the field of sustainable finance. … stakeholders on the subject of sustainable finance: financial market experts, members from the business world, … introduction of The AMF renews its call for regulation of providers of ESG data, ratings and services European regulation for providers of ESG data, … |
02 August 2024 | News | MiCA Regulation: AMF now accepting applications for authorisation as a CASP With six months to go until entry into application of the provisions on crypto-asset services under the European MiCA Regulation, the Autorité des Marchés Financiers (AMF) has now begun to accept applications for authorisation to become a crypto-asset service provider from 1 July 2024. In anticipation of the upcoming entry into application, find… … accepting applications for authorisation as a CASP … Ten services subject to mandatory authorisation … From 30 … crypto-assets on behalf of clients. In addition, service providers will have to comply with a set of common rules, … not currently subject to mandatory registration (such as Financial Investment Adivors (FIA) providing advice on … |
24 July 2024 | Spot Inspections | Summary of SPOT inspections of the promotional materials for French and foreign collective investment schemes (CISs) marketed by distributors - focus on ESG aspects One of the key elements in retail investor protection is the dissemination of clear, accurate and non-misleading information to investors by market participants. This triple regulatory requirement applies to all the information that an investment services provider (hereinafter, "ISP") is liable to provide to its clients or prospective clients,… … applies to all the information that an investment services provider (hereinafter, "ISP") is liable to provide … on ESG aspects … Spot Inspections … Investment services providers … Summary of SPOT inspections of the promotional … (CISs) marketed by distributors - focus on ESG aspects … Financial services providers … UCIT … Marketing … |
24 July 2024 | Warning | The AMF reminds retail investors to be extremely vigilant regarding Immediate Connect's fraudulent investment offer The Autorité des Marchés Financiers (AMF) is continuing to receive a large number of complaints from retail investors about this fraudulent automated trading offer on Forex or in crypto-assets, following the appearance of new "clone" websites. The AMF had already warned the public on 23 June 2023 and then issued a joint warning with the Paris… … interested parties were quickly contacted by a supposed financial adviser who encouraged them to register on an … AMF points out that only firms authorised as investment services providers in the European Union are permitted to offer … |
19 July 2024 | Article | Operating as a crowdfunding service provider in France In which cases can you apply to the AMF for authorisation to become a crowdfunding service provider? How do you obtain this authorisation? Have you been authorised as a crowdfunding service provider in another Member State of the European Union (EU) and would like to offer your services in France? Find all the useful information here. … Regulation (EU) 2020/1503 on European crowdfunding service providers for business (the "Regulation") entered into force … providers are authorised to carry out the crowdfunding services that fall within its scope, whether they concern … authorised to provide the advisory service of offering financial securities via a website under the terms defined in … |
11 July 2024 | AMF news release | The Autorité des Marchés Financiers (AMF) publishes the findings of three supervisory initiatives on sustainable finance As part of its supervisory priorities for the period 2023-2024, the AMF set itself the objective of stepping up its efforts to promote more sustainable finance, both in terms of financial products and their marketing. Thus, it has analysed how a panel of asset management companies have structured themselves to take account of the risks associated… … Regulation on sustainability‐related disclosures in the financial services sector (SFDR); and the marketing materials for … an internal rating system supported by external ESG data providers. Some of these asset management companies have … |
10 July 2024 | Warning | The AMF and the ACPR warn the public against the activities of several entities offering in France investments in Forex and in crypto-assets derivatives without being authorized to do so With the objective of protecting investors, the Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) regularly update their black lists of websites identified as offering investments in the unregulated foreign exchange (Forex) market and in derivative products whose underlying assets include crypto… … regularly. To ensure that the intermediary offering you financial products or services is authorized to operate in France, you may consult the register of authorized investment service providers (https://www.regafi.fr), the list of authorized … |
26 June 2024 | Article | Obtaining a DASP registration/optional licensing Do you want to know in which cases registration with the AMF as a Digital Asset Service Provider (DASP) is mandatory? To obtain an optional licensing? You will find all the information on the subject here, together with the list of registered DASPs and the list of DASPs licensed by the AMF. … registration/optional licensing … Focus on digital asset services … An actor may be considered a Digital Asset Service … as mentioned in Article L. 54-10-2 of the Monetary and Financial Code: custody of digital assets on behalf of a … DOC-2019-23: Rules applicable to digital asset service providers AMF Instruction DOC-2019-23 . To guide you in … |
26 June 2024 | News | Artificial intelligence: the AMF encourages market stakeholders to take part in two European Commission initiatives on issues specific to the financial sector In order to gather the views of financial market stakeholders deploying or using artificial intelligence (AI) systems, the European Commission is launching two initiatives aimed at assessing market developments and AI-related risks, and preparing for the future implementation of the AI Act in the financial sector. In this context, the AMF will… … European Commission initiatives on issues specific to the financial sector … Organisation of practical AI workshops … … is a call for expressions of interest from financial services firms to take part in practical workshops dedicated … AI projects built in-house or using external service providers, and who are interested in sharing their … |
25 June 2024 | AMF news release | The AMF has published a summary of its SPOT inspections of financial management delegation arrangements at asset management companies During short, thematic inspections, the AMF looked at the delegation arrangements of five asset management companies. Delegation of financial management is a practice that does not in itself call for any particular comment on the part of the AMF. However, delegation, even within the same group, does not relieve asset management companies of their… … The AMF has published a summary of its SPOT inspections of financial management delegation arrangements at asset … : the asset management company must monitor the services provided and regularly assess their quality. This … provider monitoring table; asking the future service providers, during the selection process, to provide their … |
