Tagged: autorite des marches financiers

France: AMF Publishes Report on Rise of Retail Investors and Interest in “Neo-Brokers”

The French Autorité des Marchés Financiers (AMF) is out with a report that highlights the interest of retail investors in the financial markets. A follow on report to a prior study in April 2020, the AMF states that trading volumes in regulated financial instruments have… Read More

Canada: CSA and IIROC Outline Securities Law Requirements and Application to Crypto Trading Platforms

The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) have jointly published a notice outlining securities law requirements that apply to crypto-asset trading platforms (or CTPs) and how they may be tailored by regulators, according to a public statement. The… Read More

France: AMF Chairman Embraces EC Move to Regulate Crypto Assets, “Potential gains to be expected from DLT can be significant”

Speaking about the ongoing digital transformation of financial services the Chairman of the French Autorité des Marchés Financiers (AMF), Robert Ophèle, commented on the emergence of crypto assets (digital assets) for both non-securities and securities. Ophèle first noted the ongoing COVID health crisis has helped… Read More

First French ICO to Receive Regulatory Approval Completes Offering

French ICO, the first initial coin offering (ICO) that received a Visa from the French Autorité des Marchés Financiers (AMF), has completed the offering. According to a public statement, French-ICO collected 574.85 ETH, which was 115% of the soft cap for the FICO tokens. The… Read More

Quebec’s Autorité des Marchés Financiers (AMF) to Award Grants to Researchers Studying Impact of COVID-19 on Fintech Ecosystem

The Fintech AMF – Finance Montreal Research Chair is actively looking for initiatives that explore the potential impact of COVID-19 on the Fintech industry, the Autorité des marchés financiers, or AMF (Quebec’s financial regulator), has confirmed. There are reportedly eight different research grants that will be… Read More

France: Second AMF Approved Initial Coin Offering is For WPO’s GreenToken – a Tradable Utility Token

France has created a unique regulatory regime for the issuance and trading of digital assets that are utility tokens. Under French law, an initial coin offering (ICO) issuer may apply for a “visa” to offer a utility token. If approved, the issuer may publicly promote… Read More

Since January, the French Autorité des Marchés Financiers Has Whitelisted Just ONE ICO

France has been recognized as quickly crafting a digital asset friendly regulatory environment while some other jurisdictions struggled to move. The concept of digital securities and non-security crypto assets found support from policymakers and a law was enacted to create a structure for initial coin… Read More

France: AMF Publishes Legal Analysis on Security Tokens, Proposes a Path for European Utilization

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

France: Autorité des Marché Financiers Approves First Utility Initial Coin Offering

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

France Expected to Approve First Round of Regulatory Compliant Initial Coin Offerings

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

Kriptown to Issue Digital Assets in France, Seeks to Provide Additional Liquidity for Private Equity Investments

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

Quebec Securities Regulators Want to Hear From “Blockchain Laboratory” Investors

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

ICYMI: In Quebec Cryptocurrency Mining May Equal Securities, AMF Issues Call to Investors in Crypto Technologies, Inc.

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

Hong Kong-Based Bitcoin Derivatives Exchange Bitmex Forced to Stop Providing “Illegal” Trading Services to American and Quebecois Customers

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

French AMF Added Many More Names to “Liste Noire” of Unauthorized Crypto Trading Sites

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

France is Ready to Lead the Crypto Revolution: French Treasury Department Shares Perspective on PACTE Law, Initial Coin Offerings

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

French AMF Updates “Blacklist” of Websites Dealing in Crypto

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

Equity Crowdfunding Platform Anaxago Launches Asset Management Firm Anaxago Capital

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

Will Paris Become the Capital of ICOs? French National Assembly Approves Key Framework for Initial Coin Offerings

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

President of Autorité des Marchés Financier Addresses ICOs in Speech to Finance Committee of French General Assembly

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

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