French financial regulator AMF has released its annual report for 2023, highlighting its efforts to combat financial fraud in the region. According to the regulator, 15% of the French population, including 35% of people under the age of 35, were victims of such fraud during this period.
“2023 was a founding year for the Arab Monetary Fund,” said Marie-Anne Barbat-Liani, President of the Arab Monetary Fund. “It was the year in which it celebrated its twentieth anniversary and defined its strategic guidelines for the period 2023-2027. This is thanks to the rigor and active engagement of the Arab Monetary Fund and its staff.” And its Board of Directors, the AMF is more committed than ever to exercising its mandate and is fully engaged in building a truly European supervisory system, making Paris an attractive financial center, supporting innovation and sustainable finance, and protecting investors.
Through a series of inspections and investigations, including spot inspections, the AMF proactively addressed suspected regulatory violations. It is worth noting that its cooperation with international authorities confirms the global dimension of its regulatory efforts.
The AMF's main focus in 2023 was its engagement in initiatives aimed at revitalizing the capital markets union, alongside efforts to strengthen supervision of key financial players and encourage innovation in areas such as crypto assets. At the international level, the Arab Monetary Fund has played a pivotal role in shaping discussions on financial stability and non-bank financial intermediation, emphasizing its commitment to global regulatory cohesion.
Recognizing the evolving retail investment landscape, the AMF has embarked on various initiatives to protect investors, from enhancing fee transparency to addressing the challenges posed by gaming. Insights from studies shed light on the behavior of new investors and guide targeted interventions to mitigate risks and combat financial fraud.
Promote sustainability
Through its guidance and reporting mechanisms, the AMF has enhanced support for stakeholders navigating the transition towards a more sustainable financial ecosystem. As the Arab Monetary Fund charts its course for 2024, its 2023 annual report is a testament to its multifaceted approach to regulatory oversight and its ongoing efforts to foster a resilient and inclusive financial ecosystem.
French financial regulator AMF has released its annual report for 2023, highlighting its efforts to combat financial fraud in the region. According to the regulator, 15% of the French population, including 35% of people under the age of 35, were victims of such fraud during this period.
“2023 was a founding year for the Arab Monetary Fund,” said Marie-Anne Barbat-Liani, President of the Arab Monetary Fund. “It was the year in which it celebrated its twentieth anniversary and defined its strategic guidelines for the period 2023-2027. This is thanks to the rigor and active engagement of the Arab Monetary Fund and its staff.” And its Board of Directors, the AMF is more committed than ever to exercising its mandate and is fully engaged in building a truly European supervisory system, making Paris an attractive financial center, supporting innovation and sustainable finance, and protecting investors.
Through a series of inspections and investigations, including spot inspections, the AMF proactively addressed suspected regulatory violations. It is worth noting that its cooperation with international authorities confirms the global dimension of its regulatory efforts.
The AMF's main focus in 2023 was its engagement in initiatives aimed at revitalizing the capital markets union, alongside efforts to strengthen supervision of key financial players and encourage innovation in areas such as crypto assets. At the international level, the Arab Monetary Fund has played a pivotal role in shaping discussions on financial stability and non-bank financial intermediation, emphasizing its commitment to global regulatory cohesion.
Recognizing the evolving retail investment landscape, the AMF has embarked on various initiatives to protect investors, from enhancing fee transparency to addressing the challenges posed by gaming. Insights from studies shed light on the behavior of new investors and guide targeted interventions to mitigate risks and combat financial fraud.
Promote sustainability
Through its guidance and reporting mechanisms, the AMF has enhanced support for stakeholders navigating the transition towards a more sustainable financial ecosystem. As the Arab Monetary Fund charts its course for 2024, its 2023 annual report is a testament to its multifaceted approach to regulatory oversight and its ongoing efforts to foster a resilient and inclusive financial ecosystem.
