Sanctions imposed on Eternam and Altaroc: the AMF strikes hard against kickbacks
By imposing heavy fines on two management companies, the French Financial Markets Authority (AMF) has reignited the debate on how financial product distributors are remunerated. While professionals criticise these decisions, they also fear the consequences. Article already published on 18 September. This is sure to fuel debate at ...
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Latest publications
Asset management : BDL Capital Management blasts the ACPR's “Value for Money” initiative
According to Bertrand Merveille, chief executive of the independent asset management company and industry spokesman on this controversial issue, the mechanism for monitoring the cost-to-value ratio of funds is ill-calibrated, illegal and penalises the French asset management industry ...
Banque de France and Euroclear to switch short-term debt to blockchain
[Finascope exclusive] The "Pythagore" project on the NEU CP market marks the first large-scale implementation of tokenisation of financial securities in the world. Supervised by the Banque de France, this debt market ...
The 10 most read articles on Finascope in 2025
Discover the TOP 10 most read articles on Finascope in 2025. At the top of the list of topics that interested you most: the marketing of ELTIF funds, asset tokenisation, asset management consolidation, ...
Avis d'expert
Fraudes aux virements : une nouvelle menace pour le patrimoine des investisseurs
Les fraudes aux virements menacent directement le patrimoine. Les banques ne remboursent que si une anomalie était visible. Les investisseurs ...
Vers une nouvelle forme de coopération en matière d’abus de marché ?
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L’open banking ou la révolution permanente
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Strategy
Banque de France and Euroclear to switch short-term debt to blockchain
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Rgreen and Weinberg commit to democratising unlisted securities
The opening up of investment funds to private individuals is gaining momentum. Rgreen is launching an ELTIF fund and appointing a head of investor relations...
Euronext interested in Deutsche Boerse's stock exchange activities
Always on the lookout for acquisitions to expand, the European stock market is faced with a scarcity of available targets. In the meantime, Euronext...
BPCE and Generali terminate their asset management merger project
In January, the French banking group and the Italian insurer signed a memorandum of understanding aimed at merging their asset management subsidiaries...
Regulation
Sanctions imposed on Eternam and Altaroc: the AMF strikes hard against kickbacks
By imposing heavy fines on two asset management companies, the Autorité des marchés financiers (AMF) has reopened the debate on the ...
Asset management : BDL Capital Management blasts the ACPR's “Value for Money” initiative
According to Bertrand Merveille, Managing Director of the independent asset management company and industry spokesman on this controversial issue, ...
The AMF Enforcement Committee sanctions Caceis Bank for breaches of its professional obligations
In its decision of 17 December 2025, the Enforcement Committee imposed a sanction on CACEIS Bank...
AIFM Directive 2: the regulatory countdown has begun
The AMF (Autorité des marchés financiers) organised a webinar last week to raise awareness among asset management professionals about...
Wire transfer fraud: a new threat to investors' assets
Transfer fraud poses a direct threat to assets. Banks will only reimburse if an anomaly was visible. Investors...
Operation
Rgreen and Weinberg commit to democratising unlisted securities
The opening up of investment funds to private individuals is gaining momentum. Rgreen is launching an ELTIF fund and appointing a head of investor relations...
Asset managers want to mobilise savings in the service of sovereignty
Several management companies are launching unit-linked funds to offer savers the opportunity to participate in financing defence...
Kaleon launches second IPO of the year in Paris
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Real estate and cryptos: an unprecedented transaction without conversion into euros
Valued at over €500,000, the sale of a residential property combines payment in ether and stablecoin with ...
Several development institutions invest in Ardian's “nature” fund
Launched in September 2023, the Averrhoa NBS strategy is aimed at funding projects to restore forests, wetlands ...
Innovation
Banque de France and Euroclear to switch short-term debt to blockchain
[Finascope exclusive] The "Pythagoras" project, which is being carried out on the NEU CP market, marks the first large-scale ...
Asset tokenisation: Brussels revises its proposal, but fails to convince professionals in Paris
The European Commission intends to breathe new life into the Pilot Scheme on tokenisation, with expanded rules and a ...
Crypto-assets: traditional finance adapts to demand from private individuals
The BPCE Group (Banque Populaire-Caisse d'Epargne) is launching a direct investment offering in digital assets, such as bitcoin, at...
Private IPOs: towards a hybrid market between the stock market and private equity?
A Franco-German report currently being drafted explores the possibility of allowing IPOs without listing. The aim is...
BNP Paribas joins the euro stablecoin bandwagon with a consortium of banks
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Trend
Asset management: what were the inflows in Europe in November?
Which management companies recorded the largest inflows or outflows in Europe last month? ...
Private equity: over 500,000 jobs created in five years, according to France Invest and EY
Two studies by France Invest and EY, conducted in the 2024 financial year, highlight the positive social impact of private equity. Jobs...
French equities: which funds performed well in November?
As it did last month, Finascope has published its rankings for the best funds invested in... over one month and three months.
“In 2026, the trajectory of the US economy will depend on market developments, not the other way around.”
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Equity markets: reasons for continued optimism for 2026
After three years of growth, experts are confident in predicting further double-digit growth in shares this year...
Communiqués
La Commission des sanctions de l’AMF sanctionne Caceis Bank pour des manquements à ses obligations professionnelles
Dans sa décision du 17 décembre 2025, la Commission des sanctions a infligé à la société CACEIS Bank une sanction ...
La BCE laisse ses taux inchangés et rehausse ses prévisions de croissance
Le Conseil des gouverneurs a décidé ce jour de laisser inchangés les trois taux d’intérêt directeurs de la BCE. Son ...
Le Haut Conseil de Stabilité Financière souligne la solidité des acteurs financiers français
Le Haut Conseil de stabilité financière (HCSF) s’est réuni mardi 16 décembre au ministère de l'Économie, des Finances et de ...
La Commission des sanctions de l’AMF sanctionne Novaxia et son ancien dirigeant pour un total de 500 000 euros
Dans sa décision du 10 décembre 2025, la Commission des sanctions a infligé à la société de gestion de portefeuille ...
Accord sur les règles relatives aux rapports sur le développement durable (CSRD) et au devoir de vigilance (CS3D)
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Appointments
Alain Demarolle joins Deblock's supervisory board
Alain Demarolle joins the supervisory board of Deblock, a French fintech company authorised as an electronic money institution by the ...
Maeva Chazal, Managing Director of IG France
IG announces the appointment of Maeva Chazal as Managing Director in France. Before taking up this position on ...
Olivier Vigna succeeds Jean-Charles Simon as head of Paris Europlace
[Finascope News] The board of directors of the association promoting Paris as a financial centre met on Wednesday. Jean-Charles...
Florent Artaud, Legal Director at Asterion Ventures
Asterion Ventures, a venture capital fund specialising in pre-seed and seed-stage impact investments, announces the appointment of Florent Artaud...
Cécile Carles, Head of Customer Service at Ecofi
The management company Ecofi (€9.7 billion in assets as at 31 May) announces the appointment of Cécile Carles as...