AMF Sanctions Portfolio Management Company and Two Directors for Professional Misconduct
The AMF Enforcement Committee imposed fines of €350,000 on Uzès Gestion and €30,000 and €40,000 on two of its directors for breaches including conflicts of interest, internal organisation failures, and misleading investor information. Two other directors were cleared of all charges.
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AMF, ACPR and France FinTech Announce Sixth French FinTech Weeks
France FinTech, the ACPR and the AMF have announced the programme for the sixth edition of the French FinTech Weeks, to be held from 29 September to 16 October 2026 in Paris, Toulouse, Lyon, Nice and online. The initiative brings together fintech entrepreneurs, supervisors, law firms, universities and innovation hubs to foster dialogue, share best practices and support partnerships. The organisers highlight an ecosystem now comprising more than 1,200 companies, 55,000 jobs, 15 unicorns and two stock market listings.
21 Sep 2026
AMF Mediator clarifies the treatment of internal procedures for PEA accounts
On 15 September 2026, the AMF Mediator published a case concerning the treatment of dividends from unlisted securities held in a French PEA. The Mediator found that an investor’s failure to follow an internal procedure established by the account provider could not, by itself, justify closing the PEA where the applicable regulatory rules had not been breached. The case highlights the need for firms to distinguish internal operational procedures from regulatory requirements and ensure that internal processes do not create unjustified adverse consequences for clients. The publication does not introduce a new regulatory obligation.
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AMF Mediator Publishes 2025 Annual Report: Complaints Up 37%
The AMF's mediator, Rémi Bouchez, presented the 2025 annual report of the AMF Mediation service, recording 3,010 cases received (up 37% on 2024) and 2,772 cases closed (up 41%). The upward trend continues in the first half of 2026, with 1,865 cases filed (+31%). PEA transfer difficulties remain the leading cause of disputes, ahead of employee savings, SCPI and crowdfunding.
10 Sep 2026