23 June 2023 | Warning | The AMF warns the public about the fraudulent investment offers in Forex and crypto-assets by Immediate Connect After receiving dozens of enquiries and complaints from retail investors, the Autorité des Marchés Financiers (AMF) is calling on the public to be extremely vigilant about the automated trading service offered by Immediate Connect, which is being promoted on the Internet through advertisements using the names of prominent personalities and well… … of crypto-assets to the French public via promotional marketing material. The AMF has taken several measures to put … |
16 June 2023 | News | European Crowdfunding Services Providers: the AMF publishes a position on marketing communications The Autorité des marchés financiers (AMF) has published a Position 2023-05 setting out the requirements applicable to marketing communications of European Crowdfunding Services Providers (ECSPs) providing services in France. This position supplements the requirements applicable to ECSPs’ marketing communications arising from Regulation (EU)… … Services Providers: the AMF publishes a position on marketing communications … Context … ECSPs are subject to … rules, including certain general requirements on marketing communications. In accordance with the requirements … the AMF sets out its requirements in relation to ECSPs’ marketing communications. The position applies to marketing … |
16 June 2023 | Policy | Position DOC-2023-05 AMF Position DOC-2023-05 sets out requirements applicable in relation to ECSPs’ marketing communications. It provides clarifications regarding correctness, clarity and non-misleading nature of the information these marketing communication contain, as well as in terms of visual aspects, comparisons between products, vocabulary used,… … Marketing communications of crowdfunding services providers … … providers Investment services Innovation Asset management Marketing Policy AMF Position DOC-2023-05 sets out requirements applicable in relation to ECSPs’ marketing communications. It provides clarifications … |
16 May 2023 | Policy | Instruction DOC-2014-01 … size if it exceeds a gross amount of €600. Presentation of marketing practices The provider shall give details of the … Remuneration and benefits received in connection with the marketing and management under mandate of financial … those applicable to senior managers, asset managers, marketing managers, and the heads of supervisory functions. … |
28 March 2023 | News | The AMF presents its proposals to improve the readability of financial product fees in European law As part of the ongoing discussions on the European Commission's Retail Investment Strategy, the AMF is publishing, following work with the Financial Sector Consultative Committee (FSCC), a proposal for a new presentation of costs for the subscription of financial instruments and a glossary of terms to improve savers’ understanding of these fees. … fees in European law … Context … In the context of the marketing of financial instruments and pursuant to MiFID 2 … |
09 March 2023 | Ombudsman’s Blog | Application of the PRIIPs Regulation: what happens to US packaged products subscribed before the regulation came into force? The European PRIIPs Regulation entered into force on 1 January 2018 with the aim of standardising pre-contractual information on "packaged" financial products (ETFs, derivatives, life insurance products, etc.) offered to retail investors through a key information document. This key information document is now required for the marketing… … X that the PRIIPs Regulation, while imposing certain marketing obligations, is an EU regulation, and is therefore … key information document is now required for the marketing of products that come under PRIIPs. In this … key information document is now required for the marketing of products that come under PRIIPs. In this … |
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. … women and equity investments … Savings protection … Marketing … Shares … Financial products … |
08 March 2023 | Report / study | Retail investor activity and standard profiles This new study from the Autorité des Marchés Financiers details for the first time retail investor activities according to their sex and age, in order to determine their standard profiles. In 2022, 70% of active retail investors are men and 30% are women. Their behaviour differs according to their age, as men make more transactions in the earliest… … profiles … Financial products … Equity … Order … MIFID … Marketing … |
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… … an inspection exercise but a valuable tool for monitoring marketing practices. The exercise coordinated by the European … |
07 March 2023 | Report / study | Results of the 2022 “risk-averse” and “risk-loving” mystery shopping campaigns In 2022, with the help of the IPSOS research institute, the Autorité des Marchés Financiers (AMF) conducted two in-branch mystery shopping campaigns, one risk-averse and one risk-loving. For the first time since the AMF began conducting mystery shopping in 2010, the operation was part of a European study, coordinated by the European Securities and… … campaigns … MIFID … Supervision … Disclosure Obligations … Marketing … |