Tagged: autorite des marches financiers

March 12, 2020 @ 11:41 am By JD Alois  |  

The Autorité des Marchés Financiers, the main securities regulator in France, has published a legal analysis of security tokens. France is already known for its initial coin offering (ICO) friendly ecosystem where utility tokens (not securities) may be issued and traded in a compliant environment…. Read More

December 19, 2019 @ 8:43 am By JD Alois  |  

The French Autorité des Marché Financiers (AMF) has qualified its first “Visa” for an issuer seeking to promote and pursue and an initial coin offering (ICO). Updated rules regarding utility type tokens were recently approved under the Loi Pacte (Pacte Law) – an act of… Read More

July 17, 2019 @ 7:51 am By JD Alois  |  

France will soon reveal its first round of regulatory-compliant initial coin offerings (ICOs) according to a report. The ICOs come following a months-long discussion and conclusion of bespoke legislation to allow for digital assets to be issued and traded which are not deemed to be… Read More

March 25, 2019 @ 9:00 am By JD Alois  |  

France is a country that is seeking a path to enable digital assets. In the past, Bruno Le Maire, the Minister of the Economy and Finance of France, has been fairly outspoken on the topic as he has publicly stated that blockchain is a technical… Read More

March 20, 2019 @ 6:10 pm By Cali Haan  |  

Quebec’s Autorité des marchés financiers (AMF) and Financial Markets Tribunal (TMF) would like to hear from anyone who invested in “Blockchain Lab Inc.” Affected investors are asked to contact M me  Sarah Abi-Khalil at 1 877 525-0337 , extension 2644, before 1 st April 2019. The company and its proprietors, Jonathan Forte, Benjamin… Read More

February 23, 2019 @ 10:10 am By JD Alois  |  

Earlier this month, the Quebec Autorité des marchés financiers (AMF), along with the Financial Markets Administrative Tribunal issued “conservatory orders” against Crypto Technologies Inc. (DBA Make It Mine), and principles David Fortin-Dominguez and Samory Proulx-Oloko for “failures to comply with the Securities Act.” The order was the… Read More

January 15, 2019 @ 12:18 pm By Cali Haan  |  

Bitmex, a Hong Kong-based Bitcoin derivatives exchange popular for allowing 100X leveraged bets, has deactivated the trading accounts of clients from the US and the Canadian province of Quebec, The South China Morning Post (SCMP) reports. The move has likely been made in response to increased regulatory pressure… Read More

December 28, 2018 @ 8:28 am By JD Alois  |  

Earlier this month, the French Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de resolution (ACPR) added many more names of websites that are allegedly offering cryptocurrency trading and access to crypto-based derivatives. The AMF said these sites lack the necessary authorization… Read More

November 6, 2018 @ 6:00 am By JD Alois  |  

France is positioning itself as a jurisdiction of preference for initial coin offerings (ICOs) in Europe. The government is in the midst of finalizing legislation, under the PACTE Law,  that will regulate ICOs. While several other European countries have moved forward with specific legislation designed… Read More

October 8, 2018 @ 10:26 am By JD Alois  |  

The Autorité des Marches Financiers (AFM) in France has updated its list of scammy websites dealing with Forex, Binary Options, Derivatives and Crypto Assets. The AMF has been publishing the Black List for quite some time and now includes cryptocurrency offerings that are not compliant… Read More

October 7, 2018 @ 9:01 pm By Therese Torris  |  

A leading French equity platform, Anaxago is launching an asset management firm, Anaxago Capital, to attract more institutional investors and ready itself to fund larger projects. With this, Anaxago expects to double its outstanding investments by 2020. We spoke with Caroline Lamaud, Co-founder and Chairman… Read More

September 13, 2018 @ 5:30 pm By JD Alois  |  

A Special Commission of the National Assembly in France approved a key framework today in pursuit of bespoke regulation for initial coin offerings (ICOs). This is according to a report in Les Echos that stated “Article 26” was adopted earlier today – part of the… Read More

July 2, 2018 @ 11:44 am By JD Alois  |  

Last week, Robert Ophèle, President of the Autorité des Marchés Financier (AMF), presented the 2017 AMF annual report to the Finance Committee of the National Assembly. Ophèle took the opportunity to address a wide range of topics but notably on the list was the Pact Act… Read More

June 12, 2018 @ 8:50 am By JD Alois  |  

  Just as North America is drawing a line in the sand, drawing a hard line that defines just about all initial coin offerings as securities, France appears to be heading in a different direction. Organized by the Autorités Des Marchés Financiers (AMF), France launched a consultation… Read More

June 5, 2018 @ 9:46 am By JD Alois  |  

France decided earlier this year they wanted their country to be a destination of choice for initial coin offerings (ICO). The mission was outlined by Bruno Le Maire, the Minister of the Economy and Finance of France, who labeled cryptocurrencies a revolution. Now we have a… Read More

June 1, 2018 @ 1:31 pm By JD Alois  |  

The Autorité des Marchés Financiers in France has appointed a new executive for the relatively new Fintech division. Domitille Dessertine, who was involved with the creation of the new division two years ago, is the new Director of the Fintech, Innovation and Competitiveness Division (FIC) for… Read More

May 18, 2018 @ 4:32 pm By JD Alois  |  

The Autorité des Marchés Financiers (AMF) released its annual report this past week. As part of the release, Chairman of the AMF Robert Ophèle delivered a speech highlighting important issues and challenges within the financial markets. During his speech, Ophèle commented on “toxic investments.” While first addressing binary… Read More

May 1, 2018 @ 8:23 am By Cali Haan  |  

The Autorite Des Marches Financiers, regulator of financial markets in Quebec, has sanctioned the operators of two ICOs (Initial Coin Offerings). According to an April 19 press release from the AMF, after an ‘ex parte’ hearing on April 13th, the Administrative Financial Markets Tribunal (TMF):… Read More

March 16, 2018 @ 2:14 pm By JD Alois  |  

Le Liste Noire The Autorité des Marchés Financiers (AMF) in France has published a list of blacklisted cryptocurrency exchanges. On December 1st, the AMF exapanded an existing list of erstwhile investment opportunities that needed to comply with existing regulations. Today, the AMF said cryptocurrenices will… Read More

March 1, 2018 @ 10:15 pm By JD Alois  |  

The French Crowdfunding Association (Financement Participatif or FPF) has asked the French authorities to increase the investment crowdfunding cap to €8 million. Today platforms may raise up to €2.5 million (a bit over USD$ 3million), a level that has been deemed far too low. When crowdfunding rules… Read More