20 March 2023 | Enforcement Committee news releases | The AMF Enforcement Committee fines the head of consolidation of a listed company for insider dealing In its decision of 13 March 2023, the Enforcement Committee imposed a fine of €700,000 on Arthur Bonnefoy, who was director of consolidation at the time of the events, for having used inside information for his own benefit on two occasions. This information concerned the better-than-expected results and objectives of the listed company that… … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … of consolidation of a listed company for insider dealing … Sanctions & settlements … |
17 February 2023 | Enforcement Committee news releases | The AMF Enforcement Committee fines a financial investment advisor for breaches of its professional obligations In its decision of 15 February 2023, the Enforcement Committee imposed a fine of €120,000 on the financial investment adviser Capexis. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … savoir plus … SAN-2023-03 - Décision de la Commission des sanctions du 15 février 2023 à l'égard de la société Capexis … for breaches of its professional obligations … Sanctions & settlements … Obligations professionnelles … Investment advice … |
06 February 2023 | Enforcement Committee news releases | The AMF Enforcement Committee fines three legal entities and eight individuals for insider dealing breaches and failure to maintain and update insider lists In its decision of 30 January 2023, the Enforcement Committee imposed financial penalties of between €5,000 and €1,000,000 on ten individuals for insider dealing. It also imposed a fine of €350,000 on the legal entity whose securities were concerned by the insider dealing for failing to comply with its obligations to maintain and update the… … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … … Read more … SAN-2023-02 - Décision de la Commission des sanctions du 30 janvier 2023 à l'égard des sociétés Terreïs, … failure to maintain and update insider lists … Sanctions & settlements … |
03 January 2023 | Enforcement Committee news releases | The AMF Enforcement Committee fines the British company H2O AM LLP and two of its executives at the time of the facts for several breaches of their professional obligations In its decision of 30 December 2022, the Committee imposed fines on H2O AM LLP, Mr. Bruno Crastes and Mr. Vincent Chailley of respectively €75 million, €15 million and €3 million, each with a disciplinary sanction, for several breaches committed in the management of French funds relating to investments in financial instruments. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … … Read more … SAN-2023-01 - Décision de la Commission des sanctions du 30 décembre 2022 à l'égard de la société H2O AM … breaches of their professional obligations … Sanctions & settlements … |
23 December 2022 | Enforcement Committee news releases | The AMF Enforcement Committee fines a portfolio asset management company for breaches of its professional obligations In its decision of 21 December 2022, the Enforcement Committee imposed a fine of €150,000 on Inocap Gestion, a portfolio asset management company. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … company for breaches of its professional obligations … Sanctions & settlements … |
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. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … manager for breaches of their professional obligations … Sanctions & settlements … Investment advice … |
25 July 2022 | Enforcement Committee news releases | The AMF Enforcement Committee fines a depositary for breaches of its professional obligations In its decision of 20 July 2022, the Enforcement Committee imposed a fine of €500,000 and a warning to RBC Investor Services Bank France SA (“RBC ISBF”) for failing to exercise proper depositary control and for irregular and deficient monitoring of certain cash flows. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … depositary for breaches of its professional obligations … Sanctions & settlements … Compliance … |
19 July 2022 | Enforcement Committee news releases | The AMF Enforcement Committee fines one natural person and five legal entities, including an investment management company, for failing to comply with several reporting obligations in relation to a concerted action carried out in the context of a part... Please note that the French version of this press release was published on 12 July 2022.In its decision of 11 July 2022, the Committee imposed financial penalties of €600,000 on Mr Christian Burrus, €200,000 on each of the insurance companies AFI ESCA, AFI ESCA Holding, AFI ESCA IARD and AFI ESCA Luxembourg, and €400,000 on management company Dôm… … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … … Read more … SAN-2022-09 - Décision de la Commission des sanctions du 11 juillet 2022 à l'égard des sociétés AFI ESCA, … carried out in the context of a part... … Sanctions & settlements … |
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. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … company for breaches of its professional obligations … Sanctions & settlements … |
02 June 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 25 May 2022, the Enforcement Committee banned Audit Patrimoine Conseil and its manager, Serge Monin, from exercising the activity of financial investment advisor for a period of 10 years and also imposed a fine of €150,000 on Mr Monin. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … manager for breaches of their professional obligations … Sanctions & settlements … |