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 ...
/ Press release, Regulation

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 ...
/ Avis d'expert, Regulation

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 ...
/ Avis d'expert, Regulation

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 ...
/ Avis d'expert, Regulation

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 ...
/ Regulation, Strategy, Trend

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 ...
/ Avis d'expert, Regulation

"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 ...
/ Regulation, Strategy

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 ...
/ Avis d'expert, Regulation

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 ...
/ Avis d'expert, Regulation
Frank Martin Laprade

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 ...
/ Avis d'expert, Regulation