France: Financial Sector Assessment Program—Detailed Assessment of Observance of IOSCO Objectives and Principles of Securities Regulation
IMF Staff Country Reports, July 1, 2013
Source details
- Canonical URL
- France: Financial Sector Assessment Program—Detailed Assessment of Observance of IOSCO Objectives and Principles of Securities Regulation
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Bibliographic details
- Published: July 1, 2013
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484319376.002
Executive summary: implementation and main findings
- The assessment reveals that France exhibits a high level of implementation of the IOSCO Objectives and Principles of Securities Regulation.
- 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.
Institutional framework and powers
- Regulators identified:
- Autorité de Marchés Financiers (AMF)
- Autorité du Contrôle Prudentiel (ACP)
- Powers and mandates:
- Broad licensing powers.
- Supervisory powers.
- Investigative powers.
- Enforcement powers.
- Inter-agency arrangements:
- Robust cooperation arrangements between AMF and ACP.
Scope, subjects, and keywords covered
- Subject areas listed:
- Auditing
- Financial institutions
- Financial instruments
- Financial statements
- Internal controls
- Legal support in revenue administration
- Public financial management (PFM)
- Revenue administration
- Securities
- Keywords included in the source:
- 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 metadata (from the content)
- Publication title: France: Financial Sector Assessment Program—Detailed Assessment of Observance of IOSCO Objectives and Principles of Securities Regulation
- Publication type: IMF Staff Country Reports
- Date on page: July 1, 2013
- Pages: 173
- Volume: 2013
- Issue: 182
- DOI: https://doi.org/10.5089/9781484319376.002
- ISBN: 9781484319376
- ISSN: 1934-7685
- Stock No: 1FRAEA2013004
Source: France: Financial Sector Assessment Program—Detailed Assessment of Observance of IOSCO Objectives and Principles of Securities Regulation (IMF Staff Country Report).