14 August 2024 | In-depth | Sustainable finance Finance must contribute to the transition towards a more sustainable economy. Focus on our approach, our publications, and actions in the field of sustainable finance. … (companies, fund managers) and by ensuring operational supervision," said Marie-Anne Barbat-Layani … Our priorities … of funds during authorisations procedures and during supervision missions. Several AMF publications, focusing on … statements (DPEF) … Report Issuers This report on the supervision of issuers' DPEFs will analyse the first … |
19 July 2024 | Article | Operating as a crowdfunding service provider in France In which cases can you apply to the AMF for authorisation to become a crowdfunding service provider? How do you obtain this authorisation? Have you been authorised as a crowdfunding service provider in another Member State of the European Union (EU) and would like to offer your services in France? Find all the useful information here. … competent authorities in relation to investigation, supervision and enforcement activities in relation to … |
19 July 2024 | Spot Inspections | Summary of SPOT inspections on the integration of sustainability risks and related disclosures by portfolio asset management companies As announced in its supervisory priorities for 2023, the Autorité des Marchés Financiers (AMF) has conducted a SPOT (Supervision of Operational and Thematic Practices) inspection campaign on the system for integrating sustainability risksand for making the related disclosures under regulation No. 2019/2088, the so-called "SFDR" implemented by… … des Marchés Financiers (AMF) has conducted a SPOT (Supervision of Operational and Thematic Practices) inspection … des Marchés Financiers (AMF) has conducted a SPOT (Supervision of Operational and Thematic Practices) inspection … |
17 July 2024 | Report / study | Sector risk assessment on money laundering and terrorist financing The AMF has published a new version of its money laundering and terrorist financing (ML/FT) sectoral risk analysis (SRA), the initial version of which was published in 2019. This document sets out, for the professionals under its supervision, the national risk analysis (NAR) updated and published in 2023 by the Conseil d'Orientation de la Lutte… … This document sets out, for the professionals under its supervision, the national risk analysis (NAR) updated and … This document sets out, for the professionals under its supervision, the national risk analysis (NAR) updated and … |
11 July 2024 | AMF news release | The Autorité des Marchés Financiers (AMF) publishes the findings of three supervisory initiatives on sustainable finance As part of its supervisory priorities for the period 2023-2024, the AMF set itself the objective of stepping up its efforts to promote more sustainable finance, both in terms of financial products and their marketing. Thus, it has analysed how a panel of asset management companies have structured themselves to take account of the risks associated… … a SPOT Inspections, carried out as part of a European supervision exercise coordinated by ESMA, which included a … SPOT inspections carried out for a European exercise of supervision coordinated by ESMA are in line with those … |
05 July 2024 | News | AMF launches its "innovation workshops" In line with its Impact 2027 strategic plan, on June 28 the AMF organized its first workshop dedicated to innovation, on the theme of artificial intelligence in financial services. The workshop brought together members of the AMF Board and Comex with experts from a variety of private and public organizations. … the European AI Act regulation raises questions about supervision and the division of powers between authorities. … |
26 June 2024 | News | Artificial intelligence: the AMF encourages market stakeholders to take part in two European Commission initiatives on issues specific to the financial sector In order to gather the views of financial market stakeholders deploying or using artificial intelligence (AI) systems, the European Commission is launching two initiatives aimed at assessing market developments and AI-related risks, and preparing for the future implementation of the AI Act in the financial sector. In this context, the AMF will… |
25 June 2024 | AMF news release | The AMF has published a summary of its SPOT inspections of financial management delegation arrangements at asset management companies During short, thematic inspections, the AMF looked at the delegation arrangements of five asset management companies. Delegation of financial management is a practice that does not in itself call for any particular comment on the part of the AMF. However, delegation, even within the same group, does not relieve asset management companies of their… … a series of short, thematic inspections (known as SPOT for Supervision of Operational and Thematic Practices) at five … delegation arrangements at asset management companies … Supervision … Asset management … |
25 June 2024 | Spot Inspections | Summary of SPOT inspections of financial management delegation arrangements at portfolio asset management companies As announced in its supervisory priorities for 2023 the Autorité des Marchés Financiers (AMF) has conducted a SPOT (Supervision of Operational and Thematic Practices) inspection campaign of the financial management delegation arrangements of five portfolio asset management companies. These inspections simultaneously covered management delegations… … des Marchés Financiers (AMF) has conducted a SPOT (Supervision of Operational and Thematic Practices) inspection … des Marchés Financiers (AMF) has conducted a SPOT (Supervision of Operational and Thematic Practices) inspection … |
18 June 2024 | Ombudsman’s Blog | UCITS: when a fund's outperformance gives rise to a significant increase in fees The fees associated with undertakings for collective investment in transferable securities (UCITS) often raise questions from investors, who are not always fully aware, at the time of subscription, of the potential fees associated with their investment.Given the wide range of fees that exist, it is crucial to understand the costs and fees that may… … of outperformance commissions and to encourage convergent supervision by the competent authorities. More specifically, … |
