Financial Compliance

Sanctions Decision Against Tunisian Foreign Bank

The French Prudential Supervision and Resolution Authority (ACPR) issued a sanctions decision against Tunisian Foreign Bank on October 9, 2024. The decision, number 2023-02, pertains to internal controls and risk management deficiencies.

Sanctions Decision Against BRED Credit Institution AML/CFT

The French Prudential Supervision and Resolution Authority (ACPR) issued a sanctions decision against BRED credit institution for violations related to Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT). The decision, dated June 27, 2024, outlines specific penalties and requirements for the institution.

ACPR 2026 Work Programme and Risk Assessment

The ACPR has published its 2026 work programme, outlining priority areas based on risk assessments and supervisory priorities from European bodies. Key focus areas include identifying vulnerabilities, strengthening governance, implementing DORA, preparing for AI supervision, and streamlining supervisory efficiency.

ACPR, AMF Joint Approach for Client Sustainability Preferences

The ACPR and AMF have jointly developed a supervisory approach to help financial investment advisers and life insurance professionals comply with regulations requiring them to consider clients' sustainability preferences. This guidance provides practical solutions for integrating these preferences into advisory services.

Banque de France, ACPR, AMF Launch Financial System Stress Test

The Banque de France, ACPR, and AMF have launched a system-wide exploratory stress test involving over 25 French financial institutions. This exercise aims to understand interconnections and potential destabilization within the financial system under severe stress scenarios.

EBA/ECB 2025 Stress Tests Show French Banks Resilient

The European Banking Authority (EBA) and European Central Bank (ECB) published the results of their 2025 stress tests, confirming the resilience of French banks under a severe adverse scenario. The tests covered 64 major EU banking groups and assessed their capital adequacy against macroeconomic and financial shocks, incorporating new CRD6/CRR3 regulations.

AMF, ACPR Publish 4th Report on Paris Financial Centre Climate Commitments

The AMF and ACPR have released their fourth annual report assessing the climate commitments of financial institutions in Paris. The report covers the period leading up to June 2024 and highlights evolving regulatory and market contexts.

ACPR Presents 2026 Work Programme and Risk Assessment

The ACPR has published its 2026 work programme and risk assessment, outlining priority areas for financial system supervision. These priorities align with the Banque de France's risk assessment and incorporate supervisory objectives from the SSM, EBA, SRB, and EIOPA.

Report on Preventing Rebound Accounts for Laundering Fraud Proceeds

The Autorité de contrôle prudentiel et de résolution (ACPR) has released a report detailing a thematic study on French accounts used for laundering fraud proceeds and the AML/CTF systems of supervised financial institutions. The report aims to prevent the use of rebound accounts for illicit activities.

ACPR Adapts to AI Risks and Gains in Financial Sector

The ACPR, France's financial supervisor, has published guidance on adapting to the risks and gains of Artificial Intelligence in the financial sector. This guidance supplements the European AI Act and outlines the ACPR's approach to supervising AI systems, emphasizing the need for enhanced expertise and cooperation.