Tagged: acpr

November 13, 2023 @ 6:33 am By Omar Faridi  |  

The ACPR and AMF encourage financial institutions to continue their efforts to take account of the vulnerability of ageing clients The joint unit of the Autorité de contrôle prudentiel et de résolution (ACPR) and the Autorité des marchés financiers (AMF) has published a summary of… Read More

April 17, 2023 @ 8:32 am By Omar Faridi  |  

Thunes, a global cross-border payments company, has been granted a new Payments Institution license by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) in France, which will enable the company “to send payments worldwide on behalf of its French or EU customers and partners.”… Read More

March 22, 2023 @ 9:26 am By JD Alois  |  

As the US stumbles in crafting bespoke regulation for digital assets, Circle, the issuer of dollar-based stablecoin USDC, has applied to be regulated in France. France crafted digital asset regulation some years ago in an attempt to provide clarity for firms looking to offer crypto…. Read More

September 30, 2022 @ 8:13 am By JD Alois  |  

The Autorité des Marchés Financiers (AMF) and Autorité de Contrôle Prudentiel et de Résolution (ACPR), have issued a statement warning the public about entities offering crypto derivatives and Forex investments without authorization. The regulators maintain a “black list” of websites that is periodically updated that… Read More

March 16, 2022 @ 7:48 am By Omar Faridi  |  

Treezor, the European firm focused on Banking-as-a-Service (BaaS) solutions, has obtained authorization from the ACPR in order to expand its activities and now “has all the payment service licenses (from 1 to 8).” The new authorizations (i.e. 1, 4, 6, 7 and 8) mean Treezor… Read More

January 30, 2020 @ 4:37 am By Omar Faridi  |  

France-based cooperative Crédit Agricole has reportedly acquired a majority stake in Fintech firm Linxo, which serves as a payment aggregation and initiation service. Established in 2010 and headquartered in Aix-en-Provence, Linxo offers account aggregation, payment initiation and personal finance management services through a robust technology… Read More

July 5, 2019 @ 7:14 am By JD Alois  |  

The Hong Kong Monetary Authority (HKMA) and Autorité de Contrôle Prudentiel et de Résolution (ACPR) in France have signed a Memorandum of Understanding (MoU) to “enhance collaboration between the two authorities in supporting Fintech innovation. The French ACPR is a supervisory authority attached to the… Read More

December 28, 2018 @ 10:54 am By Therese Torris  |  

Ever since the Brexit, France has aimed to establish itself as the Continental European alternative to the London Fintech hub. The goal is ambitious. France is home to many a worldwide leading financial institution such as global Nr. 1 insurer AXA and Nr 1 non-Chinese… Read More

March 29, 2018 @ 6:05 pm By Georgia Quinn  |  

This past week, I had the chance to attend a Fintech focused event put on by the Consulate of France in Manhattan and, honestly, I came away very impressed. For too many years, France did not have much of a reputation in the startup world…. Read More

July 3, 2017 @ 1:44 pm By Therese Torris  |  

The European Investment Bank Group (EIB) through the European Investment Fund (EIF) has announced that it will provide €18.5 million to back a joint investment fund designed to lend money to SMEs through crowdlending platform Lendix. The EIB is the European Union’s bank, owned by… Read More

March 27, 2017 @ 10:36 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) is continuing its push to collaborate with financial regulators around the world to improve Fintech innovation and collaboration. MAS today announced a cooperation agreement with the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés… Read More

December 11, 2014 @ 5:15 am By Erin Hobey  |  

In November The University of Cambridge teamed up with EY, the global professional services organization, and launched the European Alternative Finance Benchmarking Survey with the support of major European industry associations. This is the largest study to date on crowdfunding, peer-to-peer lending and other forms of alternative finance in Europe.  This benchmarking… Read More