08 January 2026 | Enforcement Committee news releases | The AMF Enforcement Committee fines an asset management company and its directors for breaches of their professional obligations In its decision of 31 December 2025, the Enforcement Committee imposed fines of €200,000, €70,000 and €35,000 respectively on M Capital Partners and its directors, Rudy Secco and Stéphanie Minissier, for breaches of several professional obligations between August 2019 and December 2023. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … … Read more … SAN-2026-01 - Décision de la commission des sanctions du 31 décembre 2025 à l'égard de la société M … breaches of their professional obligations … Sanctions & settlements … professional obligations … |
22 December 2025 | Enforcement Committee news releases | AMF Enforcement Committee fines the depositary CACEIS Bank for breaches of its professional obligations In its decision of 17 December 2025, the Enforcement Committee imposed a fine of €3.5 million on CACEIS Bank and issued it with a warning in relation to several breaches committed in its capacity as depositary for the funds managed by H2O. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … … Read more … SAN-2025-12 : Décision de la commission des sanctions du 17 décembre 2025 à l'égard de la société Caceis … for breaches of its professional obligations … Sanctions & settlements … professional obligations … |
16 December 2025 | Enforcement Committee news releases | The AMF Enforcement Committee fines an asset management company and its former director a total of €500,000 In its decision of 10 December 2025, the Enforcement Committee imposed fines of €400,000 and €100,000 respectively on the asset management company Novaxia Investissement and one of its former directors, Joachim Azan, for having breached several professional obligations. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … … Read more … SAN-2025-11: Décision de la commission des sanctions du 10 décembre 2025 à l'égard de la société Novaxia … and its former director a total of €500,000 … Sanctions & settlements … professional obligations … |
12 November 2025 | Enforcement Committee news releases | The AMF Enforcement Committee fines a financial investment advisor and its two directors a total of €2.5 million Please note that the French version of this press release was published on 6 November 2025.In its decision of 5 November 2025, the Enforcement Committee imposed fines of €300,000, €200,000 and €2 million respectively on Carat GP and its directors, Jimmy Guinet and Sébastien Renaud. It also imposed a permanent ban on Carat GP and Mr Renaud from… … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … … Read more … SAN-2025-10 : Décision de la commission des sanctions du 5 novembre 2025 à l'égard de la société Carat GP … its two directors a total of €2.5 million … Sanctions & settlements … Anti-money Laundering … Governance … Investment … |
31 October 2025 | News | Publication of the annual ESMA Report on Sanctions and Measures for 2024: AMF imposes the highest amounts in Europe According to the European Securities and Markets Authority's (ESMA) second consolidated report on sanctions and measures, the AMF stands out as having imposed the highest consolidated amounts for sanctions and administrative settlement agreements. The report also highlights increased use of settlements, a sign of faster and more agile action on… … Publication of the annual ESMA Report on Sanctions and Measures for 2024: AMF imposes the highest … 2025, ESMA published its second consolidated report on sanctions, based on a compilation of the data transmitted by … paid; In the field of asset management, nine sanctions or settlements agreements were reported by the AMF under the … |
26 September 2025 | Article | Enforcement Committee The Enforcement Committee, which is made up of judges and professionals, has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene laws and regulations that fall within the jurisdiction of the AMF. It also ratifies settlement agreements and takes part in providing information to… … rules and explain the reasoning, content and purpose of sanctions. Thus informed, professionals are in a better … Avis relatif à la composition de la commission des sanctions de l'Autorité des marchés financiers (publié au JO … … Enforcement Committee … AMF activity … Sanctions & settlements … Institutional … |
23 September 2025 | Enforcement Committee news releases | The AMF Enforcement Committee fines an asset management company and its two managers a total of €1.3 million Please note that the French version of this press release was published on 16 September 2025.In its decision of 15 September 2025, the Enforcement Committee imposed fines of €600,000, €500,000 and €200,000 respectively on the asset management company Altaroc Partners and its senior managers, Maurice Tchenio and Patrick de Giovanni, for breaches of… … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … … Read more … SAN-2025-09 - Décision de la commission des sanctions du 15 septembre 2025 à l'égard de la société … and its two managers a total of €1.3 million … Sanctions & settlements … professional obligations … |
16 September 2025 | Enforcement Committee news releases | The AMF Enforcement Committee fines an asset management company for breaches of its professional obligations In its decision of 9 September 2025, the Enforcement Committee imposed a fine of €400,000 on Eternam for breaches of several of its professional obligations. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … … Read more … SAN-2025-08 - Décision de la commission des sanctions du 9 septembre 2025 à l'égard de la société Eternam … for breaches of its professional obligations … Sanctions & settlements … professional obligations … |
22 July 2025 | Enforcement Committee news releases | The AMF Enforcement Committee fines a Danish investment bank for breaches of professional obligations committed by a French branch In its decision of 16 July 2025, the Enforcement Committee imposed a fine of €300,000 on the Danish investment bank Saxo Bank A/S, as successor to the rights and obligations of the Dutch company BinckBank NV, for breaches of several professional obligations committed by a branch in France. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … … Read more … SAN-2025-07: Décision de la commission des sanctions du 16 juillet 2025 à l'égard de la société Saxo … obligations committed by a French branch … Sanctions & settlements … professional obligations … Disclosure … |
16 July 2025 | Enforcement Committee news releases | The AMF Enforcement Committee fines eight individuals and two legal entities a total of €1,890,000 for late disclosure of inside information, insider dealing, and breaches of professional obligations In its decision of 9 July 2025, the Enforcement Committee imposed a fine of €500,000 on MND (formerly Montagne & Neige Développement) and €250,000 on its director for breaches of the obligation to disclose inside information as soon as possible. It also imposed fines ranging from €15,000 to €400,000 on seven other individuals and one legal… … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … … Read more … SAN-2025-06: Décision de la commission des sanctions du 9 juillet 2025 (In French only) In its decision … and breaches of professional obligations … Sanctions & settlements … MAR … professional obligations … Investment … |
