20 February 2024 | Article | The AMF Board The Board is the AMF’s main decision-making and prosecuting authority It has 16 members drawn from a broad variety of backgrounds. This multidisciplinarity ensures that it has the technical and legal expertise needed to carry out its tasks.… cannot be marketed) and approvals for corporate finance transactions. Once it has conducted its review, the Board … chaired by the AMF Chair, to take decisions pertaining to sanctions. … Take decisions about the AMF’s operating … |
30 January 2024 | Enforcement Committee news releases | The AMF Enforcement Committee fines seven people, four for price manipulation and three for failing to comply with reporting obligations In its decision of 24 January 2024, the Enforcement Committee imposed fines of between €400,000 and €2,000,000 on Grantchester Equity Ltd, Mr Miron Leshem, Mr Dirck Van Wylick and Mrs Aude Planche for manipulating the share price of Gour Medical, Umalis Group and/or CIOA, which are listed on Euronext Access. It also imposed fines of between €25…… Lucide, had failed to fulfil their obligation to report transactions. An appeal may be lodged against this decision. … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … … Read more … SAN-2024-02 - Décision de la Commission des sanctions du 24 janvier 2024 à l'égard de la société … |
26 January 2024 | Public statements | Speech by Marie-Anne Barbat-Layani, AMF Chair - New Year address to the financial centre - Thursday 18 January 2024 … controls and investigations and, where necessary, sanctions. In 2023, the AMF Enforcement Committee issued 17 … totalling nearly €35 million. The AMF also concluded 10 transactions that we call "administrative settlement … really is "sustainable". We obviously do not rule out sanctions in the event of a breach. In this respect, by … |
01 January 2024 | Policy | Position - Recommendation DOC-2006-23 … with the conditions laid down by the law may face criminal sanctions identical to those incurred in cases of fraud. This … to in L. 321-1; 4 The advice relating to execution of the transactions in miscellaneous property described in Article … to be authorised by the AMF? ........................ 7 5. Sanctions … |
20 December 2023 | Policy | Position - Recommendation DOC-2020-03 Position-Recommendation DOC-2020-03 sets out the information on the consideration of non-financial criteria that French collective investment undertakings and foreign UCITS authorised for marketing in France may disclose. These provisions are described for the various regulatory documents (key investor information documents, prospectus) and…… exclusion of companies that have incurred international sanctions or that do not comply with international … the transaction. In a number of situations, these transactions took place with a substantial reduction in the … exclusion of companies that have incurred international sanctions or that do not comply with international … |
14 December 2023 | Policy | Position - Recommendation DOC-2012-19 … and associated embedded derivatives 1 - Hedging transactions only Related to certain clients 2 - Clients who … and received a reprimand from the AMF's Commission des sanctions (Sanction Commission); - the person, in another … and received a reprimand from the AMF's Commission des sanctions (Sanction Commission); - the person, in another … |
22 November 2023 | Enforcement Committee news releases | The AMF Enforcement Committee fines two individuals for insider dealing breaches Please note that the French version of this press release was published on 13 November 2023. In its decision of 10 November 2023, the Enforcement Committee imposed a fine of €80,000 on Mr Yohann Catherine, the chief operations officer of a listed company at the time of the events, for disclosing two items of inside information concerning the…… system, the respondent's eagerness to carry out the transactions, the atypical nature of the disputed … has total freedom to make decisions. It can impose sanctions on any person or company whose practices contravene … fines two individuals for insider dealing breaches … Sanctions & settlements … |
25 October 2023 | Public statements | Closing speech by Marie-Anne Barbat Layani, AMF Chair - 16th Seminar of the Enforcement Committee, Thursday 12 October 2023 … who have agreed to discuss the AMF's power to impose sanctions and the influence of European case law on sanction … to an acceleration and globalisation of both exchanges and transactions. Today, the AMF can be proud of its tools, but … has strongly pursued a policy of demanding high financial sanctions when faced with unusual cases. The Board also … |
02 October 2023 | Policy | Position - Recommendation DOC-2019-16 DOC-2019-16 sets out the due diligence obligations with regard to clients and their beneficial owners, as provided by Articles L. 561-4-1 and following of the Monetary and Financial Code, taking account of the essential contributions of the 4th directive and 5th directive, and notably the reinforcement of the risk-based approach, the distinction…… written or not) exists if it requires several successive transactions to be carried out between the contracting … financing requirements and the application of financial sanctions) has no longer had any legal value since 25 May … third-party introducer. • Searching for potential public sanctions, including criminal ones, imposed on the … |
16 May 2023 | 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 10 May 2023.In its decision of 4 May 2023, the Enforcement Committee imposed a fine of €300,000 on the portfolio asset management company Foncière Magellan.… first noted that Foncière Magellan had carried out credit transactions on a regular basis on behalf of the real estate … 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 … |
Head of publications: The Executive Director of AMF Communication Directorate. Contact: Communication Directorate – Autorité des marches financiers 17 place de la Bourse – 75082 Paris cedex 02