meta_id 3212075

On June 4, 2026, the Autorité des Marchés Financiers (AMF) published its 2025 Annual Report, outlining the regulator's strategic priorities and operational performance. Marie-Anne Barbat-Layani, AMF Chair, presented the report against a backdrop of geopolitical uncertainty and economic volatility, reaffirming the AMF's commitment to its core mission: regulating finance and reinforcing confidence in French and European financial markets. The AMF identified three principal priorities for 2025 and early 2026. First, it focused on creating conditions for a more secure and resilient financial centre, addressing vulnerabilities identified in its 2025 risk map, including those linked to private finance expansion and emerging cyber risks associated with artificial intelligence (AI) models. The AMF committed to publishing a statement on cyber resilience and implementing protective measures in the coming months. Second, the AMF prioritised promoting European capital markets development and enhancing Paris's financial centre attractiveness, including launching a consultation on assets eligible for Undertakings for Collective Investment in Transferable Securities (UCITS). Third, it advanced a framework for innovative finance, positioning Paris at the forefront of financial asset tokenisation and reviewing applications under the European Markets in Crypto-Assets Regulation (MiCA) as its transitional period approaches. The AMF emphasised retail investor protection through financial education campaigns, with a third-phase initiative launching in autumn 2026 centred on the message that "investing is not a game." The regulator also prioritised women's participation in investing. Barbat-Layani called for rapid adoption of the Labaronne bill to provide the AMF with enhanced legal tools for swifter, more forceful action. In 2025, the AMF handled 16,934 requests through Epargne Info Service, processed 2,772 mediation cases, approved 486 financial operations, and monitored 13,659 collective investment undertakings with assets totalling €2,298 billion. The authority opened 36 investigations, conducted 59 inspections, and approved 18 settlement agreements totalling €4.38 million.