The Autorité des marchés financiers (AMF)
The AMF is an independent public authority responsible for ensuring that savings invested in financial products are protected, providing investors with adequate information and supervising the orderly operation of markets.
The AMF has two distinct collegial bodies: the Board and the Enforcement Committee. The AMF relies on consultative commissions and a Scientific Advisory Board.
The AMF plays a key role with French, European and international institutions, and this has become even more important in today’s globalized financial markets that call for the emergence of precise, consistent and harmonized international standards.
Stay away from unregulated brokers
The AMF has issued many warnings, so far AMF blacklists those following brokers, hence the regulator advises against doing business with many unauthorized Forex businesses over the past few years. Also, many papers and publications have also been published with information letters about risks involved in Forex trading.
The French regulator advises the public to stay away from all unregulated brokers and stresses that any suspicious issue should be duly reported and appropriate legal actions, which will be taken by the French regulator on immediate course.