29 December 2022 | Warning | The AMF warns the public against certain platforms proposing investments in real estate as "royalties" A growing number of platforms are proposing to retail investors, often very young, the opportunity to build up a real estate asset and/or receive a rental income by participating in online fundraising to finance the acquisition of assets, in particular real estate. The AMF is urging investors to be vigilant given the risks involved. … and the risks associated with these investments. While marketing materials often highlight an investment in real … |
14 December 2022 | Public statements | Speech by Marie-Anne Barbat-Layani, AMF Chair - AMF Annual Conference 2022: "New marketing practices for savings products" - Tuesday 22 November 2022, Pavillon Cambon … AMF Chair - AMF Annual Conference 2022: "New marketing practices for savings products" - Tuesday 22 … the AMF Annual Conference is dedicated to new ways of marketing in retail investment. The impact of technological … how can we adapt our role in a world where information and marketing channels are constantly changing? How can we strike … |
21 November 2022 | Warning | The AMF warns the public about fraudulent offers to invest in the energy transition Following numerous reports from retail investors, the Autorité des Marchés Financiers (AMF) is calling for the utmost vigilance with regard to proposals to invest in "eco-parks" or solar parks, generally impersonating large companies. … Banque de France or the European Central Bank (ECB). Fake marketing brochures describe these fraudulent offers as … |
28 October 2022 | Enforcement Committee news releases | The AMF Enforcement Committee fines a financial investment advisor and its manager for breaches of their professional obligations In its decision of 24 October 2022, the Enforcement Committee imposed fines of €20,000 on the company Salzillo Finance and €80,000 on its manager Jean Salzillo, and also banned both of them from operating as financial investment advisors for three years. … had not carried out the necessary due diligence before marketing the Altipierre offer to its clients and had … in the best interests of its clients. With regard to the marketing of this offer, the Committee also found that … |
14 October 2022 | Public statements | Speech by Benoît de Juvigny, AMF Secretary General - AFME’s 6th Annual European Compliance and Legal Conference – 13 October 2022, Amsterdam … is independent and as such no longer considered as a marketing material, and this is why we believe it is … |
11 August 2022 | AMF news release | The AMF informs the public of the partial suspension by the CySEC of VPR Safe Financial Group Limited’s authorisation to operate in France The Cyprus Securities and Exchange Commission (CySEC) issued on August 3, 2022 a decision to partially suspend the authorisation of the investment firm VPR Safe Financial Group Limited to exercise activities and provide investment services in France, due to suspicions of allegated violations of the relevant regulation. … To ensure this, the investment firm is prohibited from marketing/advertising its services to current or potential … |
26 July 2022 | Policy | Instruction DOC-2010-09 … pre- contractual or post-contractual documents, marketing or advertising material, including on the website … 4.3.3.3. Presentation of the procedures to candidates Marketing, advertising and information brochures, and all … transactions; Administrative and penal sanctions; 5. Marketing of financial instruments, direct marketing of bank … |
18 July 2022 | Enforcement Committee news releases | The AMF Enforcement Committee fines a portfolio asset management company for breaches of its professional obligations Please note that the French version of this press release was published on 11 July 2022.In its decision of 6 July 2022, the Enforcement Committee imposed a fine of €200,000 on 123 Investment Managers. In its decision of 6 July 2022, the Enforcement Committee imposed a fine of €200,000 on 123 Investment Managers. … found that 123 Investment Managers' procedures relating to marketing and disclosure of information to third parties were … |
12 July 2022 | Ombudsman’s Blog | SCPI real estate investment companies: when a bank fails to send its customer’s subscription form When buying units in a real estate investment company, the investor can subscribe for the units directly from the investment management company, or contact their usual adviser who will send the subscription form to the investment management company. The existence of several players in the subscription chain may prove problematic, as in the case I… … a bank fails to send its customer’s subscription form … Marketing … |
07 July 2022 | AMF news release | Grégoire Vuarlot is appointed coordinator of the ACPR and AMF Joint Unit starting 1st July 2022 Grégoire Vuarlot, Director of Business Practices Supervision at the ACPR, takes over from Claire Castanet, Head of Retail Investor Relations and Protection at the AMF, as coordinator of the Joint Unit for Insurance, Banking and Retail Investment from 1st July 2022 until 30 June 2024.
… of fraudulent offers, and continue their work on digital marketing, vulnerable elderly people, and sustainable … raising awareness of scams and combating greenwashing in marketing communications for so-called green or sustainable … |