20 January 2026 | AMF news release | The AMF publishes the findings of its inspections on the role and involvement of the compliance function at investment services providers This campaign, which is in line with the AMF's supervisory priorities, is the first part of a series of inspections devoted to the compliance function and to assessing compliance with the rules applicable to certain cross-cutting areas, such as training, remuneration, personal transactions and disciplinary measures at investment services providers.… on the role and involvement of the compliance function at investment services providers … and Thematic Supervision of Practices) inspections at four investment services providers (ISPs) that carry out financing … providers examined, no evidence could be adduced that this advice was effective. In addition, the majority of the … |
20 January 2026 | Spot Inspections | Summary of SPOT inspections on the involvement of the compliance function in certain cross-functional processes This SPOT inspection campaign, launched in 2024, constitutes the first instalment devoted to the compliance function and its role in certain cross-functional processes. Focused on investment services providers (hereinafter "ISPs") carrying out corporate and investment banking (hereinafter "FIB") activities, this exercise will continue in 2025 with…… its role in certain cross-functional processes. Focused on investment services providers (hereinafter "ISPs") carrying out corporate and investment banking (hereinafter "FIB") activities, this … time focusing on traditional banks providing investment advice services on a more limited number of themes. This … |
13 January 2026 | Article | Our priorities for Action and Supervision Each year, the AMF publishes its action and supervisory priorities. Aiming to guide the action of the AMF throughout the year, these priorities reflect the requirements of the Institution which works daily to protect investors and the attractiveness of the Paris financial center thanks to quality control.… 8. Promoting access to financial education adapted to new investment methods … Priorities relating to investment services providers and the marketing of financial … Remuneration of employees providing the service of investment advice Cumulative advice and investment services … |
07 January 2026 | In-depth | The AIFM II Directive The AIFM II Directive modifies the rules applicable to UCITS and AIF management companies. This publication, which will be updated regularly, aims to raise awareness among management companies of the main developments provided for by the AIFM II Directive, which must be transposed by 16 April 2026, and which are likely to impact their activity.… to create a common market for undertakings for collective investment in transferable securities (UCITS) within the European Union. UCITS are investment funds that can take advantage of a general-public … activities and transparency of managers of alternative investment funds (AIFs) that manage and/or market AIFs in the … |
30 December 2025 | Policy | Position DOC-2025-02 - EBA guidelines on internal policies, procedures and controls to ensure implementation of restrictive measures The AMF applies the European Banking Authority (EBA) Guidelines on internal policies, procedures and controls to ensure implementation of Union and national restrictive measures (the 2024/15 Guidelines). In particular, these guidelines specify the requirements applicable to the internal policies, procedures and controls that CASPs (and DASPs…… Investment services providers Investment management companies Asset management Anti-money … Investment services providers Investment management companies Asset management Anti-money … Investment services providers Investment management companies Asset management Anti-money … |
18 December 2025 | 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.… or more digital assets under a mandate given by a client; advice to investors in digital assets, which means giving … or on the initiative of the service provider providing the advice, concerning one or more digital assets; digital asset … Withdrawal for cessation of activity E2023-065 AXA INVESTMENT MANAGERS IF SA 07/03/2023 Digital assets custody … |
18 December 2025 | Policy | Instruction DOC-2011-19 - … Investment management companies UCIT Prospectus Policy The … and regulations that transpose MIF 2 and legally separate investment firms from asset management companies. The update … and regulations that transpose MIF 2 and legally separate investment firms from asset management companies. The update … |
17 December 2025 | Household Savings Newsletter | AMF Household Savings Newsletter - No. 64 - December 2025 Letter No. 64 presents the main findings of the ninth edition of the AMF Savings and Investment Barometer.It highlights the continued high level of investment intentions in equities among savers. It also comments on the growing autonomy of savers and, in particular, their use of new artificial intelligence tools to make investment choices.… main findings of the ninth edition of the AMF Savings and Investment Barometer. It highlights the continued high level of investment intentions in equities among savers. It also … their use of new artificial intelligence tools to make investment choices. AMF Household Savings Newsletter - No. 64 … |
08 December 2025 | Policy | Position DOC-2010-05 - … Other professionals Investment services providers Marketing Policy … cannot easily understand, the AMF reminds professionals (investment services providers, financial investment advisers and direct marketers) of their … cannot easily understand, the AMF reminds professionals (investment services providers, financial investment advisers … |
08 December 2025 | Policy | Position DOC-2013-12 - … Investment management companies Savings protection Policy The … Investment management companies Savings protection Policy The … Investment management companies Savings protection Policy The … Financial Code. This AMF position draws the attention of investment services providers (including those acting via a … |
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