Region: France

A blessing or a curse: tokenisation is finance’s number one operational risk, BdF’s Beau says

Tokenisation has the potential to jeopardise the stability of the entire financial system and is the “number one operational risk” to financial players, a senior French regulator has warned a New York audience, as he outlined his ambitions for DLT regulation in France.

23 January 2023

Hogan Lovells promotes in US and Europe

Hogan Lovells’ 2023 promotions round has included new financial regulatory partners in London and Washington, DC, and new counsel in Paris and Rome.

05 January 2023

France’s AMF gets first female head

France’s Financial Markets Authority is under new leadership, with Marie-Anne Barbat-Layani taking office as the regulator’s first female chair.

27 October 2022

AMF licenses first crypto-based asset manager, with Osborne Clarke advising

France’s financial regulator has granted crypto asset platform Arquant Capital authorisation to manage alternative investment funds.

26 May 2022

France to host Binance Europe

Binance, labelled by the UK’s Financial Conduct Authority as “not capable” of being effectively supervised, will settle its European operations in Paris after securing approval from France’s Financial Markets Authority.

05 May 2022

SocGen sells Russian arm to oligarch-owned Interros

French bank Société Générale will sell its banking activities in Russia back to Interros, a holding company controlled by Russian billionaire Vladimir Potanin, the latest in a stream of international banks to exit the country.

14 April 2022

“Baffled” AMF rejects ESMA disapproval of liquidity contracts practice

France’s financial regulator has said it will plough ahead with proposals to revise its accepted market practice for liquidity contracts, despite last month’s negative review from the EU’s securities and markets regulator.

30 June 2021

Jones Day hires five in Paris

Jones Day has hired a five-strong team in its Paris financial markets practice, including four Gide Loyrette Nouel lawyers led by the French firm’s former head of financial services Jean-Guillaume de Tocqueville.

04 June 2021

French regulator’s liquidity contracts proposals threaten market confidence, ESMA says

The EU’s securities regulator has criticised proposed Market Abuse Regulation exemptions issued by France’s Financial Markets Authority, citing concerns that limits on volume and resources would undermine market confidence.

02 June 2021

Darrois Villey advising as BPCE seeks Natixis squeeze-out

French bank BPCE has filed with French regulators to take total control of its investment banking subsidiary Natixis.

10 February 2021

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