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 how distributors are remunerated. While some professionals are critical of these decisions, they also fear the consequences. With Patrimonia, the annual trade fair for the asset management industry, just around the corner, the debate is sure to ...
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Latest publications
Private equity: investors temper their enthusiasm
Two studies reveal a renewed caution with regard to private equity, both in France and internationally. Nevertheless, the outlook for the asset class remains positive, particularly for retirement savings. Private equity mania is fading. Against a difficult economic backdrop, ...
Jean-Charles Simon to leave Paris Europlace
The Managing Director of the association for the promotion of the Paris financial centre took up his post 3 years ago, replacing Arnaud de Bresson. He wishes to open a new professional chapter, his last, he says, and play a greater role in the ...
Is tokenisation a game-changer for the international monetary system?
Opinion column by Agnès Bénassy-Quéré, Second Deputy Governor of the Banque de France. According to a speech given at the Global Financial Architecture in Transition conference organised by Reinventing Bretton Woods, Durban, 16 July 2025. The International Monetary System (IMS) is characterised by ...
Avis d'expert
La tokenisation change-t-elle la donne pour le système monétaire international ?
Tribune d'Agnès Bénassy-Quéré, Seconde sous-gouverneure de la Banque de France. D’après un discours prononcé à la conférence Global Financial Architecture ...
Le nantissement de crypto-actifs consacré dans le Code monétaire et financier
Chronique juridique de Sébastien Praicheux, docteur en droit, avocat au barreau de Paris, associé (Norton Rose Fulbright LLP) et maître ...
Comme un air de déjà vu
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Clubs Deals et autres FIA : enjeux de qualification et de responsabilité
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Faut-il faire entrer le terme « néobanque » dans le Code monétaire et financier?
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Strategy
Limits on compensation: "the banks are calling for the scope of employees concerned to be widened".
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Active management back in the running for French equities
On the Paris Bourse, the success rate of active portfolio managers was close to 50 % over a ...
Chairman of Mandarine, Fabien Bismuth replaces Dan Sayag as CEO
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Post-trade: Euroclear readies its weapons against Euronext
[Finascope news] The central depository has appointed Manoëlle Lefèvre as Chief Business Officer for France, Belgium and the United Kingdom.
Private debt: NCI adapts to the expectations of investors and companies
Specialising in companies in the north-west quarter of France, the management company is at the same ...
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 ...
Crypto authorisations: the AMF raises its voice and threatens to take "precautionary measures".
Together with the Austrian and Italian market authorities, the Autorité des marchés financiers (AMF) is denouncing major differences in the way ...
AMF Enforcement Committee fines Altaroc and its two directors €1.3 million
In its decision of 15 September 2025, the Enforcement Committee ordered the management company ...
Pledging of crypto-assets enshrined in the French Monetary and Financial Code
Legal column by Sébastien Praicheux, doctor of law, member of the Paris Bar, partner (Norton Rose Fulbright LLP) and master ...
The AMF Enforcement Committee sanctions a portfolio management company
In its decision of 9 September 2025, the Enforcement Committee ordered Eternam to pay a fine of ...
Operation
Crypto-assets: PSAN status whets the appetite of international investors
Two AMF-accredited crypto players are about to go under the Japanese and American flags. The companies already ...
Private debt: NCI adapts to the expectations of investors and companies
Specialising in companies in the north-west quarter of France, the management company is at the same ...
Sovereign debt: markets on alert ahead of Thursday's OAT issue
On Thursday, Agence France Trésor will auction between €9.5 billion and €11 billion of long-term OATs (obligations assimilables du Trésor) ...
Miimosa doubles down with a second debt fund dedicated to agricultural transition
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Tikehau and Opale Capital join forces to invest in the defense industry
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Innovation
Crypto authorisations: the AMF raises its voice and threatens to take "precautionary measures".
Together with the Austrian and Italian market authorities, the Autorité des marchés financiers (AMF) is denouncing major differences in the way ...
Crypto-assets: PSAN status whets the appetite of international investors
Two AMF-accredited crypto players are about to go under the Japanese and American flags. The companies already ...
Digital sovereignty: the digital euro, a bulwark against the expansion of crypto-currencies
The European Central Bank (ECB) and the Eurosystem have their backs to the wall under the US Genius Act, which encourages ...
How Palatine AM increases its US equity management with AI
Groupe BPCE's asset management company calls on fintech Finaipro to analyze S&P 500 stocks ...
"We want to build a platform that brings together traditional and digital finance".
Interview with Xavier Gomez, CEO of Vancelian. The fintech, which is aiming for MiCA (Markets in Crypto-assets) approval from ...
Trend
Private equity: investors temper their enthusiasm
Two studies reveal a renewed caution with regard to private equity, both in France and internationally. The outlook for ...
"Asset management continues to enjoy strong recruitment momentum".
Michael Page has just published its 2026 salary guide. In this interview with Finascope, Mikaël Deiller, Executive Director at ...
Markets calmly await Fitch verdict
The 10-year OAT rate, which already includes a downgrade of France's rating, is still below the ...
Active management back in the running for French equities
On the Paris Bourse, the success rate of active portfolio managers was close to 50 % over a ...
"Everyone is easing up on subscriptions".
Roger Caniard, Chief Financial Officer and member of the Executive Committee of the MACSF Group, the mutual insurer for healthcare professionals, analyses the ...
Communiqués
La Commission des sanctions de l’AMF sanctionne Altaroc et ses deux dirigeants pour 1,3 million d’euros
Dans sa décision du 15 septembre 2025, la Commission des sanctions a prononcé à l’égard de la société de gestion ...
La Commission des sanctions de l’AMF sanctionne une société de gestion de portefeuille
Dans sa décision du 9 septembre 2025, la Commission des sanctions a prononcé à l’égard de la société Eternam une ...
La BCE laisse inchangés ses taux directeurs
Le Conseil des gouverneurs a décidé ce jour de laisser inchangés les trois taux d’intérêt directeurs de la BCE. L’inflation ...
Faustine Fleuret, directrice des affaires publiques de Morpho
Morpho, entreprise française créée en 2021 et spécialisée en finance décentralisée (DeFi), annonce la nomination de Faustine Fleuret au poste ...
La BCE laisse ses taux directeurs inchangés
Le Conseil des gouverneurs a décidé ce jour de laisser inchangés les trois taux d’intérêt directeurs de la BCE. L’inflation ...
Appointments
Jean-Charles Simon to leave Paris Europlace
The Managing Director of the association for the promotion of Paris as a business location took up his post 3 ...
Two new hires to support Sycomore AM's expansion
Sycomore Asset Management, an asset management company in the Generali group, has announced the appointment of Fabien Madar, 60, as ...
Antoine Druais, Partner in Capza's Flex Equity Mid-Market team
Capza, a private equity investor in European SMEs, has announced the appointment of Antoine Druais, 45, as partner ...
Six new hires at Weinberg Capital Partners
Private equity firm Weinberg Capital Partners (€1.9 billion in assets under management) has announced the recruitment of six new members of staff ...
Mathieu Maroun and Mikael Brainenberg found Quest avocats
Specialists in private equity, from venture capital to buyouts, and in industrial mergers and acquisitions, Mathieu Maroun and ...