France: Financial Sector Assessment Program—Detailed Assessment of Observance of IOSCO Objectives and Principles of Securities Regulation
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Summary:
This paper discusses key findings of the Detailed Assessment of Observance of International Organization of Securities Commissions (IOSCO) Objectives and Principles of Securities Regulation for France. The assessment reveals that France exhibits a high level of implementation of the IOSCO principles. The legal framework is robust and provides the Autorité de Marchés Financiers (AMF) and the Autorité du Contrôle Prudentiel (ACP) with broad licensing, supervisory, investigative, and enforcement powers within their respective competences. There are robust arrangements for cooperation between the two authorities.
Series:
Country Report No. 2013/182
Subject:
Auditing Financial institutions Financial instruments Financial statements Internal controls Legal support in revenue administration Public financial management (PFM) Revenue administration Securities
English
Publication Date:
July 1, 2013
ISBN/ISSN:
9781484319376/1934-7685
Stock No:
1FRAEA2013004
Pages:
173
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