IMF Staff Country Reports

France: Financial Sector Assessment Program—Detailed Assessment of Observance of IOSCO Objectives and Principles of Securities Regulation

July 1, 2013

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France: Financial Sector Assessment Program—Detailed Assessment of Observance of IOSCO Objectives and Principles of Securities Regulation, (USA: International Monetary Fund, 2013) accessed December 2, 2024

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.

Subject: Auditing, Financial institutions, Financial instruments, Financial statements, Internal controls, Legal support in revenue administration, Public financial management (PFM), Revenue administration, Securities

Keywords: ACP conduct onsite inspection, AMF chairman, AMF staff, Auditing, Beneficial owner, Compliance officer, CR, Europe, Financial institution, Financial statements, Global, Insider trading, Internal controls, IOSCO principle, ISCR, Legal support in revenue administration, Markets authority, Multilateral trading facilities, Multilateral trading facility, RG AMF, Securities, Staff member, Statutory auditor

Publication Details

  • Pages:

    173

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2013/182

  • Stock No:

    1FRAEA2013004

  • ISBN:

    9781484319376

  • ISSN:

    1934-7685