22 June 2023 | Enforcement Committee news releases | By two decisions, the AMF Enforcement Committee fines two investment services providers for breaches of their professional obligations By two decisions of 19 June 2023, the Committee handed down a warning and a fine of one million euros against Crédit Industriel et Commercial, and a fine of two hundred and fifty thousand euros against Banque CIC Sud-Ouest. … two decisions of 19 June 2023, the Committee handed down a warning and a fine of one million euros against Crédit … two decisions of 19 June 2023, the Committee handed down a warning and a fine of one million euros against Crédit … |
14 June 2023 | Ombudsman’s Blog | Stock market orders: the share price adopted for the provision check must not be obsolete When sending a stock market order, a provision check is performed systematically by the account-keeper to ensure that the client has sufficient funds to honour the transaction. This check is performed at the time when the order is given, on the basis of the last quoted price, depending on the quantity requested or the amount indicated, within the… … the fact that they were designated as "no limit" orders. A warning message in this sense is systematically presented to … Mr A and his wife had regularly been asked, by posting a warning message, to update their client and financial … |
24 May 2023 | Enforcement Committee news releases | The AMF Enforcement Committee sanctions an asset management company and two of its managers for breaches of their professional obligations In its decision of 16 May 2023, the Enforcement Committee handed down a fine of €400,000 and a warning to the asset management company Apicap. It also handed down a fine of €50,000 and a warning to its current chairman, Alain Esnault, and imposed a fine of €25,000 on his predecessor, Jérôme Lescure. … Enforcement Committee handed down a fine of €400,000 and a warning to the asset management company Apicap. It also handed down a fine of €50,000 and a warning to its current chairman, Alain Esnault, and imposed a … Enforcement Committee handed down a fine of €400,000 and a warning to the asset management company Apicap. It also … |
08 May 2023 | | Article 560-2 Book V - Market infrastructures > Title VI - Central depositaries of financial instruments > Chapter unique - Central depositories and payment and settlement systems for financial instruments > Section 1 - Approval and publication of the operating of central depositaries … rules. This translation shall include a prominent warning indicating that the translation is published for … rules. This translation shall include a prominent warning indicating that the translation is published for … |
03 May 2023 | Enforcement Committee news releases | The AMF Enforcement Committee fines a portfolio asset management company and its manager for breaches of their professional obligations In its decision of 24 April 2023, the Enforcement Committee handed down a warning and a fine of €200,000 to the portfolio asset management company Melanion Capital, and a warning and a fine of €150,000 to its manager, Mr Jad Comair. … of 24 April 2023, the Enforcement Committee handed down a warning and a fine of €200,000 to the portfolio asset management company Melanion Capital, and a warning and a fine of €150,000 to its manager, Mr Jad Comair. … of 24 April 2023, the Enforcement Committee handed down a warning and a fine of €200,000 to the portfolio asset … |
06 April 2023 | Warning | The AMF and the ACPR warn the public against the activities of several entities offering in France investments in Forex and in crypto-assets derivatives without being authorized to do so With the objective of protecting investors, the Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) regularly update their black lists of websites identified as offering investments in the unregulated foreign exchange (Forex) market and in derivative products whose underlying assets include crypto… … derivatives without being authorized to do so … Warning … Retail investors … Journalists … The AMF and the … derivatives without being authorized to do so … Warning … Savings protection … Forex and binary options … |
02 March 2023 | Warning | The AMF warns the public about fraudulent investment offers through trading robots The Autorité des marchés financiers (AMF) is calling on the public to be extremely vigilant regarding automated Forex trading offers from entities that are not authorised to provide investment services in France. These offers also rely on affiliate programs and particularly target the French overseas departments and territories. … fraudulent investment offers through trading robots … Warning … Retail investors … Journalists … The AMF warns the … fraudulent investment offers through trading robots … Warning … Savings protection … Forex and binary options … |
23 February 2023 | Ombudsman’s Blog | Mini-tender offers for US equities: watch out for traps! Certain unregulated corporate actions relating to companies listed in the United States, called "mini-tender offers", may have been sent on by French account-keepers to French shareholders holding such US securities. However, when investigating the case that I will present to you this month, I noted that one of them was inevitably unfavourable for… … … WARNING: … This 'mini tender' offer is not subject to … to what was originally indicated. I also stressed that the warning appearing on the notice of corporate action ("OST") … very least, it should far more significantly reinforce the warning message. Regarding this point, and I am delighted by … |
17 February 2023 | AMF news release | The AMF calls on listed companies to improve investor information regarding the risks incurred in the case of dilutive financing transactions With a view to the protection and satisfactory information of investors, the Autorité des Marchés Financiers is reinforcing its policy and recommends that companies which resort to financing via the issuance of equity securities or securities giving access to the capital spread over time should adopt a standard press release and warning regarding… … that companies include in the header of their notice a warning about the specific features of the securities issued, … issuer and informing investors, notably via the following warning, of the risks of such transactions if the issuer who performs them has either failed to reproduce this warning or fully replicate its substance in the header of its … |
16 February 2023 | Policy | Position - Recommendation DOC-2011-24 … the recommended investment period or featuring an insert warning investors that the objective is based on the … or a footnote that would make it difficult to read the warning is not compliant with the regulation. Writing the warning in colour makes it more legible. 4. Communication on … |