08 July 2025 | AMF news release | French retail investor stock market activity: the AMF analyses changes in behaviour between women and men The Autorité des Marchés Financiers (AMF) has conducted a survey of French retail investors who carried out at least one transaction in French financial instruments in 2024. This survey shows a 21.5% increase in the number of active investors compared with 2022. Given the stability in the number of women in this population, the proportion of women… … least one purchase or sale transaction in French financial securities in 2022 (men/women, age bracket, securities instruments purchased or sold), the AMF has now … around 300,000 more than in 2022 (+21.5%), but women account for virtually none of this growth. The AMF identified … |
30 June 2025 | Ombudsman’s Blog | Subscribing to CIU units: the summary information provided by the broker, including the various fees, must be clear and not misleading The entry fees applicable to CIU (collective investment undertaking) unit subscriptions can raise legitimate questions from investors. This is illustrated by the case I am sharing with you this month, which I was able to conclude in the investor's favour. … (undertaking for collective investment in transferable securities) from his online broker. Before subscribing, he … Investment and Insurance-based Products) Regulation, account keepers must regularly provide their potential or … |
30 June 2025 | Policy | Position DOC-2018-05 - Requirements under the european money fund regulation AMF Position DOC-2018-05 includes the ESMA guidelines for stress test scenarios on money market funds. … AMF declared to ESMA that it complied with the European Securities and Markets Authority guidelines on stress test … parameters for stress test scenarios, taking into account the following factors specified in the MMF … spreads among indexes to which interest rates of portfolio securities are tied; f) hypothetical macro systemic shocks … |
17 June 2025 | | My Fintech space Innovation is a strategic priority for the AMF. For several years, the AMF has been committed to this subject and supports players in the transformations of the financial sector. You have an innovative project in preparation and you would like to obtain information on the applicable regulation ? Find all the useful information on the following… … its policy on DASPs authorised under the PACTE Law to take account of the transitional period and facilitate the … for digital asset service providers (DASPs) to take into account the entry into force of MiCA concerning crypto-asset … Do you want to know more about crowdfunding in the form of securities subscription? Find in this section all … |
12 June 2025 | AMF news release | The stock market investor journey: the AMF analyses the mobile applications of 14 institutions The Autorité des Marchés Financiers (AMF) has conducted a mystery shopping visit campaign among institutions offering investment services to retail investors in France via mobile applications. It notes that client journeys are, for the most part, simple and quick, making it easier to invest on the stock market, and encourages professionals to step… … and to suggest ways in which they can improve. To take account of changes in investor habits, the aim of this new … investors. The mystery shopper was tasked with opening a securities account, making an ETF investment, and also buying … visits are as follows: in almost two-thirds of cases, securities accounts were opened in less than five minutes, … |
12 June 2025 | Household Savings Newsletter | AMF Household Savings Newsletter - No.62 - June 2025 This letter is devoted to the findings of the AMF's latest online mystery visits, which were carried out between November 2024 and January 2025 and focused on the mobile applications of investment services providers in order to establish an inventory of their practices. … Savings Newsletter - No.62 - June 2025 … Shares … ETF … Securities account … |
11 June 2025 | Report / study | 2025 AMF Report on mobiles path mystery shopping visit campaign This report presents the detailed results of the ‘Mobile Path’ mystery visits carried out between November 2024 and January 2025 on the mobile applications of investment services providers in order to establish an inventory of their practices. … Report on mobiles path mystery shopping visit campaign … Securities account … Shares … ETF … |
03 June 2025 | AMF news release | The AMF publishes its 2024 Annual Report Presenting the AMF’s annual report to the press, the Chair of the Autorité des Marchés Financiers, Marie-Anne Barbat-Layani, outlined three major challenges for the institution in an uncertain geopolitical and economic environment: at the international level, continuing work on financial stability; at the European level, bringing the Savings and… … within the framework of the International Organization of Securities Commissions, to enter into a dialogue with the … the public interest. The report also provides a detailed account of the AMF's activities over the past year in its … level, mainly within the International Organization of Securities Commissions (IOSCO) and the Financial Stability … |
02 June 2025 | Ombudsman’s Blog | Inheritance: the advantageous fee schedule of a securities account ceases when the client dies Heirs sometimes do not understand why they do not benefit from the same advantageous fee schedule as the deceased. As the agreements between a banking or financial institution and its client are intuitu personae, i.e. entered into in consideration of the person, they necessarily come to an end when the client dies, as I will set out in this month… … Inheritance: the advantageous fee schedule of a securities account ceases when the client dies … Facts … Ms and Mr X … estate had written to institution Y asking it to sell the securities she had held in her securities account. The … |
23 May 2025 | In-depth | The European EMIR Regulation The European EMIR Regulation introduced obligations for derivatives market participants: financial or non-financial counterparties carrying out one or more transactions on these markets, central counterparties and trade repositories. With the entry into force of EMIR III, this regulatory framework is evolving to make European central… … subject to the clearing obligation to hold an ‘active account’ with a central counterparty in the European Union … clearing can be found on the ESMA website. The ‘active account’ obligation Introduced by EMIR III, the obligation to … make it possible to distinguish between transactions in securities, transactions in derivatives traded on trading … |
