What is Acpr regulation?

About the AMF and ACPR The ACPR, an independent administrative authority under the central bank, the Banque de France, supervises the banking and insurance sectors. The AMF General Regulation (French and English) sets rules and procedures to enforce financial legislation.

What is the Acpr in France?

Autorité de Contrôle Prudentiel et de Résolution
The French supervisory authority (ACPR – Autorité de Contrôle Prudentiel et de Résolution) ensures a permanent supervision of all the undertakings of the insurance sector by controlling the respect of the current laws and regulations.

Who is the French regulator?

Autorité des Marchés Financiers
The Autorité des Marchés Financiers (AMF) regulates the French financial market place, its participants and the investment products distributed via the markets. It also ensures that investors are properly informed and and is a driving force behind regulatory change at both European and international levels.

Does France have a central bank?

The Banque de France is an independent institution governed by French and European law, and a member of the Eurosystem, which is the federal system comprising the European Central Bank and the national central banks of the euro area.

What is the role of the ACPR in France?

Financial stability: The ACPR conducts ongoing supervision of the French financial system, ensuring that firms comply with financial conduct and reporting regulations and implement appropriate AML/CFT measures. As part of that role, the ACPR issues operating licenses and authorizations to financial institutions.

What is the role of the AMF and ACPR?

In its capacity as the stock market regulator, the AMF is responsible for the supervision of financial markets and investment firms. The ACPR, an independent administrative authority under the central bank, the Banque de France, supervises the banking and insurance sectors.

Who are the main financial regulators in France?

The Financial Authority ( Autorité des Marchés Financiers, AMF) and the Prudential Authority ( Autorité de Contrôle Prudentiel et de Résolution, ACPR) are the primary financial regulators in France. In its capacity as the stock market regulator, the AMF is responsible for the supervision of financial markets and investment firms.

Is the ACPR a member of the EU?

Concerning the banking sector, the ACPR is a member of the main European and international bodies on banking and insurance, and therefore contributes actively to the definition of international standards and to the elaboration process of EU regulations.