03 December 2020 | Enforcement Committee news releases | Voting instructions for general meetings: for the first time, the AMF Enforcement Committee fines an intermediary for breaches of its professional obligations In its decision of 25 November 2020, the Enforcement Committee, after declaring that it had jurisdiction to rule on the objections notified to the company X, imposed a fine of €1 million on the company. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … for breaches of its professional obligations … Sanctions & settlements … |
18 November 2020 | Enforcement Committee news releases | The AMF Enforcement Committee fines five individuals for insider dealing In its decision of 13 November 2020, the Enforcement Committee imposed fines totalling €275,000 on five individuals who disclosed or used inside information relating to the planned sale of a stake in the capital of Société des Produits Marnier Lapostolle by the Marnier Lapostolle family, which was likely to give rise to a subsequent takeover bid. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … … Read more … SAN-2020-11 - Décision de la Commission des sanctions du 13 novembre 2020 à l'égard de MM. Gérard Monnet, … fines five individuals for insider dealing … Sanctions & settlements … |
29 October 2020 | Enforcement Committee news releases | The AMF Enforcement Committee clears a management company of breaches of its professional obligations In its decision of 23 October 2020, the Enforcement Committee cleared an asset management company accused of having breached its professional obligations with regard to conflicts of interest in connection with a transfer of unlisted shares between several funds under its management. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … company of breaches of its professional obligations … Sanctions & settlements … Asset management … |
07 October 2020 | Enforcement Committee news releases | The AMF Enforcement Committee fines a management company and its chairman for breaches of their professional obligations In its decision of 24 September 2020, the Enforcement Committee fined the asset management company, Société de gestion des fonds d’investissement de Bretagne ("Nestadio Capital") €10,000, and also issued a reprimand. It also imposed a fine of €100,000 on Florent de Kersauson, the manager of the company at the time of the events, together with a… … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … … Read more … SAN-2020-09 - Décision de la Commission des sanctions du 24 septembre 2020 à l'égard de la Société de … breaches of their professional obligations … Sanctions & settlements … |
30 July 2020 | Enforcement Committee news releases | The AMF's Enforcement Committee fines EDF and its former Chairman and Chief Executive Officer for disseminating false information about the project to build a nuclear plant at Hinkley Point in the United Kingdom In its decision of 28 July 2020, the Enforcement Committee imposed a fine of €5,000,000 on EDF for disseminating false information in a news release dated 8 October 2014. It also imposed a fine of €50,000 on Mr Henri Proglio, EDF’s Chairman and Chief Executive Officer on the date of the disputed news release. However, it dismissed a breach alleged… … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … a nuclear plant at Hinkley Point in the United Kingdom … Sanctions & settlements … |
28 July 2020 | 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 23 July 2020, the Enforcement Committee imposed a fine of €100,000 on the company TEC Assurances. It also imposed a 5-year prohibition to practice as a financial investment advisor n the company and its manager, Éric Taiclet. … 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 … |
09 July 2020 | Enforcement Committee news releases | The AMF Enforcement Committee fines a financial investment advisor and its chairman for breaches of their professional obligations In its decision of 3 July 2020, the Enforcement Committee imposed, on each of the parties, Groupe Consultant en Gestion Financière Internationale (CGFI) and its chairman and sole shareholder, Jacques Defemme, fine of €50,000 as well as a 5-year prohibition to practice as a financial investment advisor. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … chairman for breaches of their professional obligations … Sanctions & settlements … |
02 July 2020 | 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 26 June 2020, the Enforcement Committee imposed fines of €20,000 and €80,000 respectively on the company Cérès Finance and its manager Mr Patrick Thierry, as well as a 5-year prohibition to practice as a financial investment advisor on both of them. … 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 … |
22 April 2020 | Enforcement Committee news releases | The AMF Enforcement Committee fines Elliott Advisors UK Limited and Elliott Capital Advisors L.P. for failing to comply with their reporting obligations in connection with a simplified public tender offer and, in the case of the former, for obstructing... In its decision of 17 April 2020, the Committee imposed fines of €15 million and €5 million on Elliott Advisors UK Limited and Elliott Capital Advisors L.P., managers of several investment funds. The Committee found that both companies had filed inaccurate and late reports in connection with the simplified public tender offer filed in 2015 by XPO… … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … … Read more … SAN-2020-04 - Décision de la Commission des sanctions du 17 avril 2020 les sociétés Elliott Advisors UK … the case of the former, for obstructing... … Sanctions & settlements … |
10 March 2020 | Enforcement Committee news releases | The AMF Enforcement Committee fines Forever Winner International Development Ltd, its Managing Director and another person for insider dealing In its decision of 28 February 2020, the Enforcement Committee imposed fines on Forever Winner International Development Ltd and Mr Guoliang Yao, its Managing Director, of €800,000 and €1 million respectively. It also fined Ms Yan Lin €600,000. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … … Read more … SAN-2020-03 - Décision de la Commission des sanctions du 28 février 2020 la société Forever Winner … and another person for insider dealing … Sanctions & settlements … |