
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 ...

Club Deals and other FIAs: qualification and liability issues
The boom in Club Deals illustrates the creativity of the market and the growing appetite of private individuals for assets that were once reserved for ...

Should the term "neobank" be included in the French Monetary and Financial Code?
In this legal column, Valentine Baudouin, Partner Compliance & Regulatory at Regvantage, analyses the proposed "Law for the ...

The usefulness of securitization as a source of financing
Six years after the European securitization regulation came into force, the European supervisory authorities are calling for ...

Private equity returns and fees: AMF publishes comprehensive study
The Autorité des Marchés Financiers has examined the performance of unlisted retail asset funds. Total fund inflows ...

ESMA clarifies the qualification of crypto-assets as financial instruments
By Sébastien Praicheux, member of the Paris Bar, partner at Norton Rose Fulbright LLP, associate lecturer at the University ...

"At Euronext, there is a real problem with taking shareholders' opinions into account".
For the second year running, the stock market operator's shareholders at the Annual General Meeting (AGM) overwhelmingly rejected ...

Société de Libre Partenariat Spéciale: a new investment vehicle under French law
Created by Ordinance no. 2024-662 of July 3, 2024, the Société de Libre Partenariat Spéciale ("SLPS") is a new type of ...

Cross-border fund distribution: the European Commission raises questions, but limits remain
On March 19, the European Commission unveiled its strategy for an "Investment and Savings Union". The stated aim is to ...

AMF vs OCABSA: do the ends justify the means?
The AMF (Autorité des Marchés Financiers), which regularly warns of the alleged dangers of hybrid bonds such as OCABSA ...