France: AMF Issues Warning Against Firms Proposing “Atypical” Investments without Being Authorized

The AMF is warning the public against several companies proposing atypical investments without being authorised to do so.

The Autorité des Marchés Financiers regularly “updates its black lists of new websites and entities proposing atypical investments to investors in France without being authorized to do so.”

Here is the list of the new websites recently identified in the atypical investments category:

  • bouchonpourpre.com
  • espace-financiereclc.com
  • financiereclairac.com
  • financierehlc.com
  • malinsplacements.fr/or

Any offer to invest in miscellaneous assets “must be registered with the AMF to be marketed.”

The white list of offers recorded “in miscellaneous assets is available on the AMF website.”

Since the beginning of 2023, the AMF has added ten new websites to this blacklist, including five in the “wine” category.

Since the creation, in 2017, of this black list, “which identified websites that were illegally offering diamonds for investment, the AMF has added more than 400 unauthorized internet addresses to this list, in various categories like livestock, wines or champagne.”

The list of all sites “not authorized to offer investments in various goods is available on the AMF website (section: Retail Investors → Warnings → Blacklists) and on the Assurance Banque Épargne Info Service – ABEIS website (section: Épargne → Protecting yourself against scams → Blacklists of unauthorized websites and entities).”

The France market regulator says that this list is “updated regularly but does not claim to be exhaustive, as new unauthorized actors appear regularly. In addition, the registration decisions issued by the AMF can be consulted on the AMF website.”

The AMF further cautioned that if the player who solicits you is “not on this list, we strongly advise you not to respond to their solicitations. In the event of suspicious solicitations, they invite the persons concerned to report them to us by telephone, using the online form or the AMF Protect Epargne application.”

As noted in the update, the AMF is “an independent public authority responsible for ensuring that savings invested in financial products are protected and that investors are provided with adequate information.”

The AMF also supervises “the orderly operations of markets.”

For more details, check here.


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