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France
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France
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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
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
The French Binance License: Is Paris Planning to Become Europe’s Crypto Hub?
2022-05-21T12:57:55.614+02:00
Earlier this month, Binance became a fully regulated Digital Asset Service Provider in France.
However, analysts remain skeptical about the potential of Paris as a crypto leader in Europe.
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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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Analysis
Forex in France. A Large Country, but a Small Number of Traders?
2022-04-20T10:37:34.169+02:00
Around 38,000 retail traders from France were trading in leveraged OTC markets by June 2021.
The French market is similar to Germany, Italy and Spain: clients are very professional.
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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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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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Retail FX
France Added 1.1 Million Retail Investors over Last 3 Years
2022-01-14T15:10:18.509+02:00
Demand in the retail investment market soared after the pandemic.
The number of equities transactions is hovering around the peak.
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FinTech
Amundi Completes Acquisition of Lyxor
2021-12-31T21:20:08.180+02:00
Amundi announced that it has completed acquisition of Lyxor
Societe Generale sold Lyxor in order to cut costs.
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Brokers
German Broker FXFlat Expands into France
2021-12-24T10:23:29.120+02:00
The broker was founded in 1997.
FXFlat is also operating in the Netherlands.
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News
French, Swiss Central Banks Conclude Major CBDC Payments Test
2021-12-09T09:03:48.694+02:00
The participants primarily tested the wholesale use of CBDC in cross-border transactions.
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News
CoinShares to Acquire French Fintech Company Napoleon
2021-12-01T09:01:00.000+02:00
The crypto firm is planning to expand its presence into new consumer market segments.
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Retail FX
French AMF Sees Rise in Retail Investors, Neo-Brokers’ Popularity
2021-11-30T13:30:00.000+02:00
The average age of retail investors on neo-brokers is 36 years old.
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Executive Moves
The AMF Has Named Kheira Benhami as Chief Economist and Director
2021-11-17T14:11:12.000+02:00
Benhami is involved in international discussions as she regularly participates in working groups like ESMA.
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Regulation
French AMF Slaps €300K Fine on Polish Broker XTB
2021-11-10T14:24:04.000+02:00
The broker is yet to decide if it wants to appeal against the decision.
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News
PSG Package of Lionel Messi Includes Crypto Fan Tokens
2021-08-12T12:20:22.000+02:00
In the latest signing, the football star received a large number of PSG fan tokens.
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News
Appeal Denied: BTC-e's Alexander Vinnik Faces 5 Years in French Prison
2021-06-28T08:27:55.000+02:00
Several charges against the former operator of BTC-e were dropped, but the sentence remains the same.
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News
French and Swiss Central Banks to Test Cross-Border CBDC Payments
2021-06-10T14:26:03.000+02:00
Many private tech and financial players are involved in the project.
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News
French Crypto Broker Bitit Shuts Down
2021-04-15T19:21:22.000+02:00
The platform will halt all withdrawals on April 30.
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Regulation
French Regulatory Chairman Wants ESMA to Oversee Crypto within EU
2021-02-09T14:55:22.000+02:00
He argued the centralization of expertise given the high cost of crypto regulation.
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Institutional FX
TP ICAP Forms French Entity to Continue European Operations
2021-01-25T10:47:27.000+02:00
It has restructured its group establishing a holding company in Jersey.
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