29 September 2021 | Enforcement Committee news releases | Jean Gaeremynck becomes Chairman of the AMF Enforcement Committee Jean Gaeremynck has been elected as Chairman of the Enforcement Committee of the Autorité des Marchés Financiers (AMF). He will succeed Marie-Hélène Tric. Didier Guérin will chair the second section of the Committee. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … becomes Chairman of the AMF Enforcement Committee … Sanctions & settlements … Appointment … |
09 September 2021 | Enforcement Committee news releases | New key figures take up their seats on the AMF Enforcement Committee By an order of the Minister for the Economy and Finance dated 3 September 2021 and by decision of the other competent authorities, the Enforcement Committee of the Autorité des Marchés Financiers (AMF) has been partially renewed. The Committee welcomes four new members. … Ute Meyenberg Mr. Lucien Millou At its next meeting, the Sanctions Committee will elect its chairman from among four … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … their seats on the AMF Enforcement Committee … Sanctions & settlements … AMF activity … |
13 August 2021 | Enforcement Committee news releases | The AMF Enforcement Committee clears two legal entities and one natural person of alleged insider trading and breach of the obligation to report all suspicious transactions to the AMF charges In its decision of 3 August 2021, the Enforcement Committee cleared Fidoma and the chairman of its supervisory board, Didier Domange, of insider trading. It also cleared Banque Saint Olive, responsible for reception and transmission of orders on behalf of Fidoma, charged with failure to report all transactions that could constitute market abuse to… … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … to report all suspicious transactions to the AMF charges … Sanctions & settlements … Disclosure Obligations … MAR … |
09 August 2021 | Enforcement Committee news releases | The AMF Enforcement Committee fines two Amundi group companies, a brokerage firm and three former employees of these companies for price manipulation and breaches of several professional obligations In its decision of 4 August 2021, the Committee fined Amundi Asset Management, Amundi Intermédiation, Tullett Prebon and three of their former employees, Ludovic Delion, Gregory Saey and Thomas Vignon, between €20,000 and €25 million – totalling over €37 million – and handed down two warnings and two 10-year bans on practising related services. … as “front running”). The Committee imposed the following sanctions: A fine of €25 million and a warning on Amundi … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … breaches of several professional obligations … Sanctions & settlements … Obligations professionnelles … |
16 July 2021 | Enforcement Committee news releases | The AMF Enforcement Committee fines two individuals for insider trading breaches In its decision of 9 July 2021, the Enforcement Committee imposed a fine of €500,000 on Mr Rémy Pierre for disclosing, on two occasions, insider information relating to the results and forecasts of a listed company for the 2017-2018 financial year, and of €1 million on Mr Stéphane Solère for having used this information. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … fines two individuals for insider trading breaches … Sanctions & settlements … |
07 July 2021 | Enforcement Committee news releases | The AMF Enforcement Committee fines an asset management company specialising in real estate for breaches of its professional obligations In its decision of 2 July 2021, the Enforcement Committee imposed a financial penalty of €250,000 on Perial Asset Management. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … real estate for breaches of its professional obligations … Sanctions & settlements … Obligations professionnelles … |
24 June 2021 | Enforcement Committee news releases | The AMF Enforcement Committee fines a shareholder for several breaches of its reporting obligations in the context of a takeover bid In its decision of 17 June 2021, the Enforcement Committee fined Consellior SAS €80,000 for filing late reporting of its disposals of Baccarat shares, which was the target of a public takeover bid at the time, and for a late declaration of a change in intention regarding the tender of its shares to the ongoing bid. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … … Read more … SAN-2021-11 - Décision de la Commission des sanctions du 17 juin 2021 à l'égard de la société Consellior … obligations in the context of a takeover bid … Sanctions & settlements … |
10 June 2021 | Enforcement Committee news releases | The AMF Enforcement Committee fines an investment service provider for breaches of its professional obligations In its decision of 4 June 2021, the Enforcement Committee imposed a fine of €220,000 on Arkea Direct Bank. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … provider for breaches of its professional obligations … Sanctions & settlements … Obligations professionnelles … |
08 June 2021 | Enforcement Committee news releases | The AMF Enforcement Committee fines a German company and its CEO for manipulating the price of a sovereign bond futures contract In its decision of 28 May 2021, the Enforcement Committee imposed a fine of €1.2 million on each of the respondents, Global Derivative Trading GmbH and its CEO, Thorsten Wagner, for manipulating the price of a French sovereign bond futures contract. … creation of unfair trading conditions. In assessing the sanctions, the Committee took into account, in particular, … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … price of a sovereign bond futures contract … Sanctions & settlements … Obligations professionnelles … |
06 May 2021 | Enforcement Committee news releases | The AMF Enforcement Committee fines a financial investment advisor and its manager for breaching their professional obligations In its decision of 30 April 2021, the Enforcement Committee imposed on each of the implicated parties, Sud Conseils Patrimoine and its manager, Mr Patrice de Porrata-Doria, a fine of €50,000 and a reprimand. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … … Read more … SAN-2021-08 - Décision de la Commission des sanctions du 30 avril 2021 à l'égard de la société Sud … for breaching their professional obligations … Sanctions & settlements … |