FRANCE: AFG White Paper “Technological innovations: what strategies for asset management companies?” – Key take-away points
The Association Française de la Gestion (AFG) released a white paper[1] on 2nd February 2023 after hosting an event on the same day
AMF: outsourcing of compliance controls effective 31st March 2023
The AMF made it clear to the businesses that although they outsource their compliance functions, they remain responsible for them and must stay in control.
RegTech market in France
In the last two years, French RegTechs experienced unprecedented development as evidenced, in particular, by the increase in the sums raised during their funding rounds. These start-ups are attracting more and more financial institutions and companies facing ever-increasing regulatory constraints.