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Retail FX
French Regulators Blacklist 14 Illegal Forex Trading Platforms
2023-07-07T19:53:23.007+02:00
The AMF recently warned investors against illegal automated trading robots.
The UK's financial regulator flagged a clone of Interactive Brokers on Friday.
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Retail FX
France’s AMF Cautions against Automated FX, Crypto Trading Scheme
2023-06-23T12:33:43.987+02:00
Popular personalities and websites promoted it as a 'get rich quick' scheme.
The regulator received complaints from dozens of victims.
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Retail FX
Growing Number of French Women Wants to Trade, AMF Study Shows
2023-03-08T14:09:07.488+02:00
French female investors accept a lower level of risk than their male counterparts.
AMF released its report on International Women's Day.
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Retail FX
French Regulator Warns against FX Trading Robots
2023-03-02T13:17:27.624+02:00
The regulator received several reports against these platforms.
These illegal platforms offered unrealistic returns of up to 400 percent per year.
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Institutional FX
Regulators Slapped Industry with Record Fines in 2022, SEC in the Lead
2023-01-31T14:17:25.078+02:00
WhatsApp crackdown amounted to fines of $1.1 billion.
Also, European regulators imposed high penalties although visibly lower than the SEC.
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Retail FX
France Had Over 1.5 Million Active Stock Market Investors in 2022: AMF
2023-01-23T14:03:50.741+02:00
The French market added about 195,000 new investors last year.
Equities were the most preferred investment instruments among investors.
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Retail FX
French Regulator Unfolds Action Plan and Supervisory Themes for 2023
2023-01-09T23:18:30.888+02:00
The action plan covers investor education and supervisory cooperation, among others.
The regulator's supervisory themes focus on various categories of market participants.
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Retail FX
French Regulators Uncover 15 Illegal Forex Platforms
2022-12-21T20:01:47.498+02:00
The number of blacklisted forex sites dropped 30% to 49 in 2022.
The number of French retail investors declined by 35% during Q3 2022.
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FinTech
Neobroker BUX Gets French DASP Registration, to Offer Crypto in 2023
2022-12-21T00:11:47.927+02:00
French users will be able to trade over 58 cryptocurrencies on BUX Zero.
The firm recently acquired the Spanish neobroker, Ninety Nine.
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Retail FX
New French Investors Are Skeptical about Equities Investments: AMF Survey
2022-12-20T14:09:27.575+02:00
The survey received input from a sample of about 2,000 French people.
However, most believe that stock market investments have been profitable in the last five years.
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Arnab Shome
Executive Moves
France’s AMF Names Marie-Anne Barbat-Layan as New Chair
2022-10-27T12:52:17.950+02:00
She spent 20 years of her career in the civil service.
She is the permanent replacement for Robert Ophèle, who stepped down in July.
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Retail FX
The Number of French Retail Investors Declined by 35% in Q3: AMF
2022-10-21T13:23:15.492+02:00
The number of both equities buyers and sellers declined significantly in the period.
8.8 million equities transactions were executed in Q3 2022.
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Retail FX
France’s AMF Launches Consultation on ‘End of Life’ of Private Equity Funds
2022-07-28T16:05:52.366+02:00
Board Member Muriel Faure chaired the AMF-initiated working group.
Acceptance of contribution to end on October 14, 2022.
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Retail FX
AMF Fines 123 Investment Managers EUR 200,000
2022-07-18T23:26:00.000+02:00
The Committee accused the firm of breaching its professional obligations.
It was related to procedures concerning the disclosure of information to third parties.
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Felipe Erazo
Retail FX
French Regulators Blacklist 20 Unauthorized Forex Trading Platforms
2022-06-28T11:21:49.943+02:00
28 FX platforms and one crypto platform which are operating illegally were added in 2022.
The list now adds hundreds of illegal platforms offering forex and crypto derivatives services.
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Institutional FX
French Regulator AMF Toughens Criteria for Authorizing DASPs
2022-06-10T23:44:17.056+02:00
The action is part of the AMF's policy update on Position DOC-2020-O7.
DASPs are to use language understood by all French customers.
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CryptoCurrency
After France's Nod, Binance Faces Germany to Deepen Ties in Europe
2022-05-20T17:25:45.726+02:00
Binance is seeking an operating license from BaFin.
The exchange received France's AMF DASP registration last month.
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Brokers
AMF Issues a Warning against Website Belonging to Omega Pro Ltd
2022-05-20T03:23:00.000+02:00
The Prudential Supervisory and Resolution Authority (ACPR) signed the advisory.
Omega Pro Ltd has no license to operate in France or in its overseas territories.
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Regulation
Binance Gets Green Light from French Regulators
2022-05-05T01:42:00.000+02:00
The company got a Digital Asset Service Provider registration.
The ACPR monitors French banks and insurance companies on an independent basis.
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Retail FX
AMF Fines a Financial Investment Advisor, Imposes a Ban on Its Manager
2022-05-04T21:43:00.000+02:00
The AMF banned its Chairman, Serge Emery.
The case happened between February 2017 and October 2019.
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Op-ed
Regulation
Op-ed
Cross-Border Client Onboarding: Why Harmonising & Automating Is The Ideal Solution
2022-04-21T22:24:47.465+02:00
Regulators in Europe are quarrelling over cross-border client onboarding issues
Cross-border client onboarding issues are being taken more seriously
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Executive Moves
AMF Promotes Jessica Reyes to Director of the Asset Management Regulation Division
2022-04-05T01:12:00.000+02:00
Reyes joined the AMF in 2020 as Senior Policy Advisor.
She is currently working as Senior Policy Officer.
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Institutional FX
French Authorities Blacklist Nine Websites, Warn against Fake FX, Crypto Dealers
2022-03-31T08:43:55.393+02:00
AMF, ACPR fingered eight FX, one crypto derivatives unauthorized sites.
They urged citizens to consult the register of authorized investment service providers.
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Institutional FX
AMF Warns French Retail Investors against Fraudulent Share Offers
2022-03-29T09:40:58.986+02:00
Victims of fake investment proposals report an average loss of €55,000.
AMF reiterates caution against offers to buy FDJ shares.
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Retail FX
French Stock Market Added 150K Retail Traders in Early Pandemic Months
2022-03-16T14:29:05.195+02:00
Euronext Paris dominates the French stock market in execution.
The higher liquidity on the exchange attracted traders.
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