Technology & Cyber regulatory updates from France.
We track 48 Technology & Cyber updates from France regulators, published by AMF. The archive covers 40 news items, 4 warnings and 4 consultations. Most recent update: July 2026. Coverage runs from 2022 to 2026.
Asset management UCIT Crypto-assets The AMF has published an updated version of its guide for UCITS and AIF depositaries
Why this matters
AMF published updated guidance for UCITS and AIF depositaries addressing operational and regulatory changes, particularly tokenization, crypto-assets, and e-money token settlement.
Risk and Trend Mapping Markets Fixed income Asset management Other professionals Professional investors Journalists Investment services providers Investment management companies Listed companies and issuers ...
Why this matters
AMF's 2026 Markets and Risk Outlook is an informational regulatory publication identifying key systemic risks including geopolitical instability, cyber threats, AI vulnerabilities, and market concentration.
Long term investment Shares Artificial intelligence Retail investors Journalists Special edition of the AMF Barometer: while artificial intelligence is still not widely used in investment practices, it is winning over more young investors
Why this matters
AMF publishes survey findings on AI adoption in investment practices among French retail investors. This is informational research highlighting generational differences in AI usage (11% overall, 19% under-35s) and perceived risks/benefits.
Innovation Crypto-assets Artificial intelligence Cyber resilience: the AMF calls on financial market participants to strengthen their cybersecurity arrangements in response to rapidly evolving threats associated with artificial intelligence
Why this matters
AMF guidance on strengthening cybersecurity arrangements in response to AI-related threats. Covers DORA compliance, cyber incident management, and AI-specific risk integration. Informational/advisory in nature with supervisory expectations rather than binding requirements.
Annual report Institutional Other professionals Executive & other private individuals Retail investors Fintech Journalists Investment services providers Investment management companies Listed companies and issuers ...
Why this matters
AMF's 2025 Annual Report is an informational publication outlining regulatory priorities and activities. Key focus areas include market resilience, retail investor protection, cyber resilience, tokenization of financial assets, and MiCA crypto-asset regulation.
Asset management The Autorité des Marchés Financiers (AMF) has approved the updated ‘Provisions’ of the AFG Code of Ethics for Third-Party Asset Management and extended these to all investment services providers
Supervision Marketing Financial products Investment services Savings protection Journalists Investment services providers In an increasingly digital investment landscape, the AMF stresses the importance of the quality of the information...
Warning Savings protection Warning Crypto-assets Crypto-assets: the Autorité des Marchés Financiers warns the public about the activities of several unauthorized entities
Warning Warning Savings protection Forex and binary options The AMF and the ACPR warn the public against several entities offering in France investments in the unregulated foreign exchange market (Forex) and in crypto-assets derivatives without being authorized to do so
Institutional Markets Journalists The AMF awards its 2025 prize for young researchers in economics to Alexandre Madelaine
Why this matters
This news release announces the AMF's 2025 prize for young researchers in economics, awarded to Alexandre Madelaine. It covers topics related to financial information disclosure, short selling, and retail investor behavior, which are of interest to investment managers, brokers, and fintech firms.
Artificial intelligence Innovation Fintech Journalists Investment services providers Investment management companies Listed companies and issuers A study by the AMF finds widespread levels of adoption in artificial intelligence by French...
Why this matters
The article discusses the widespread adoption of artificial intelligence by French financial market participants, including asset managers, banks, and fintech/crypto firms. This is a high-priority topic given the technology and consumer protection implications.
Long term investment Shares Artificial intelligence Retail investors Journalists AMF 2025 Barometer: in search of autonomy, many French people turn to artificial intelligence when they want to invest
Why this matters
This regulatory update discusses how French retail investors are increasingly turning to artificial intelligence when making investment decisions, which is relevant for investment managers, wealth managers, and fintech firms that provide AI-powered investment services.
MiCA Crypto-assets Financial products Marketing Journalists Investment management companies Listed companies and issuers The AMF adapts its policy on complex financial products in response to the rise of crypto-assets
Why this matters
This regulatory update from the AMF (French financial markets authority) relates to the adaptation of its policy on complex financial products in response to the rise of crypto-assets. This impacts crypto exchanges, asset managers, and fintech firms operating in the crypto/digital assets space.
Crypto-assets Innovation The ACPR and AMF publish the summary of responses to the consultation conducted by the Working Group on Smart Contract Certification
AI Analysis
The ACPR and AMF have published a summary of responses to a public consultation on a 2024 Working Group report exploring smart contract certification in DeFi, addressing technical standards, audit practices, and potential regulatory frameworks. This matters for compliance as it signals preparatory steps toward possible EU-level DeFi regulation, emphasizing risk reduction and trust-building without immediate mandates, influencing future operational and audit strategies for crypto firms.
Key dates
2024
- Working Group conducts analysis and drafts report on smart contract certification
3 February 2025
- Report published for public consultation
14 March 2025
- Industry responses submitted (e.g., GDF, Adan)
16 July 2025
- Summary of consultation responses published by ACPR and AMF
Suggested considerations
Monitor developments: Track ACPR/AMF Fintech Forum updates for potential voluntary certification pilots or EU harmonization under MiCA/pending DeFi rules.
Review internal practices: Align smart contract governance, audits, and change management with endorsed principles (e.g., third-party audits, risk-based recertification on material changes).
Enhance documentation: Prepare for possible protocol-level certification, including modular DeFi interactions and continuous on-chain monitoring.
Engage stakeholders: Participate in future consultations via industry groups like GDF or Adan to influence voluntary frameworks.
What changed
No binding regulatory changes are introduced; this is an exploratory summary confirming industry support for proposed principles on technical standards (security, governance, compliance), audit methods (third-party, self-certification), and regulatory avenues (preference for voluntary certification over mandatory). Respondents endorsed alignment with industry best practices, risk-based approaches, and proportionality, with calls for technologically neutral standards and continuous monitoring models.
Compliance impact
Urgency: Medium – This is not enforceable yet but previews potential mandatory certification in EU DeFi regulation, critical for firms scaling smart contract use to mitigate user risks and build trust; proactive alignment now avoids future retrofits, especially with MiCA's crypto focus.
Risk and Trend Mapping Markets Fixed income Asset management Other professionals Executive & other private individuals Fintech The AMF publishes its 2025 Markets and Risk Outlook
Why this matters
This regulatory update from the AMF covers the 2025 Markets and Risk Outlook, which is likely to impact investment managers, capital markets participants, and fintech firms. Key topics include ESG/sustainability, technology/cyber risks, and reporting/disclosure requirements.
Marketing Long term investment Other professionals Retail investors Journalists The stock market investor journey: the AMF analyses the mobile applications of 14 institutions
Why this matters
This regulatory update from the AMF analyzes the mobile applications of 14 financial institutions, covering topics related to retail investor protection, technology/digital channels, and disclosure requirements.
Annual report Institutional Other professionals Executive & other private individuals Fintech Market Infrastructures Post-trade Infrastructures Professional investors Journalists Investment services providers ...
Why this matters
This is an annual report from the AMF, the French financial markets regulator, covering a range of topics relevant to investment management, capital markets, and crypto/digital assets firms. The report likely contains information on regulatory developments, authorizations, and technology/cyber issues in these areas.
Market infrastructures Innovation Europe & international Cooperation Other professionals Market Infrastructures Journalists Investment management companies The French and Italian authorities make proposals for a more competitive...
AI Analysis
The French (AMF) and Italian (Consob) financial authorities have jointly proposed amendments to the EU's DLT Pilot Regime to increase its competitiveness and attract market participants. The Pilot Regime, which became operational in March 2023, has underperformed with only three authorized infrastructures and minimal live trading activity, prompting regulators to recommend structural changes including greater proportionality, expanded eligible instruments, and raised activity thresholds.
Key dates
March 2023
- Pilot Regime became operational
April 9, 2025
- AMF and Consob formal proposals submitted
March 24, 2026 Deadline
- ESMA report deadline to European Commission on Pilot Regime functioning and recommendations
Q2 2026
- Expected European Commission report to Parliament and Council with recommendations on Pilot Regime extension, amendment, or permanent conversion
June 30, 2026
- End of MiCA transitional period; full crypto-asset regime implementation
Suggested considerations
*For Market Infrastructure Operators:
*Reassess Business Cases: Evaluate viability under revised €100 billion thresholds and expanded instrument eligibility
*Prepare Applications: Organizations previously excluded by €6 billion threshold should prepare authorization applications under new proportionality framework
*Monitor Commission Decisions: Track European Commission's response to ESMA report (expected Q2 2026) for final regulatory direction
*Compliance Documentation: Prepare operational and technical documentation demonstrating alignment with revised requirements
What changed
The proposed amendments address the Pilot Regime's limited uptake by introducing the following regulatory modifications:
Scope Expansion
Expand eligible financial instruments from current restrictions to all financial assets
Remove categorical limitations that previously restricted participation
Activity Thresholds
Raise activity thresholds from €6 billion to €100 billion
Introduce greater proportionality based on project scale, allowing smaller players simplified requirements
Operational Flexibility
Europe & international Cooperation Financial stability, artificial intelligence, data quality and financial education at the heart of the discussions at the AMF 2025 international seminar for securities regulators
Why this matters
This regulatory update from the AMF discusses topics related to financial stability, artificial intelligence, data quality, and financial education, which are relevant for banking, investment management, and capital markets firms.
Artificial intelligence Markets Innovation The International Organization of Securities Commissions (IOSCO) publishes a report on artificial intelligence in financial markets
Why this matters
This report from IOSCO covers the use of artificial intelligence in financial markets, which is relevant for firms across the capital markets sector. The key topics include technology and cyber risks, market abuse and surveillance, and reporting and disclosure requirements around AI systems.
Artificial intelligence Innovation Market infrastructures Post-trading infrastructures Markets The AMF shares the lessons learned from its latest experiments with automated processing of regulatory data
Why this matters
This regulatory update from the AMF discusses their experiments with automated processing of regulatory data, which is relevant for capital markets firms and their use of technology and data reporting.
Crypto-assets Innovation The ACPR and the AMF publish the findings from the Working Group on Smart Contract Certification, and launch a Public Consultation
AI Analysis
The ACPR and AMF have published findings from their 2024 Working Group on Smart Contract Certification in DeFi, launching a public consultation on February 3, 2025, to explore certification frameworks for smart contracts, focusing on standards, audits, and regulatory options. This matters as it signals proactive French regulatory preparation for potential EU-level DeFi rules under MiCA, aiming to enhance security, governance, and compliance without immediate mandates, while industry feedback favors voluntary schemes.
Key dates
2025 (TBD)
- Conclusions from consultation responses to be presented
February 3, 2025
- Working Group report published and public consultation launched
March 10, 2025
- Public consultation closed (per some reports; responses summarized afterward)
July 16, 2025
- ACPR/AMF published summary of consultation responses
July 2026
- DASP regime fully phased out under MiCA transitional period
Suggested considerations
Participate/Review: DeFi/crypto firms should review the report and response summary; late participation may inform ongoing discussions (consultation closed).
Assess Smart Contracts: Evaluate internal smart contracts against proposed standards (security, governance, compliance) and audit practices for voluntary adoption.
Monitor Developments: Track ACPR/AMF updates and EU MiCA/DeFi harmonization; prepare for potential fast-track CASP licensing if using certified contracts.
Engage Stakeholders: Join ACPR-AMF Fintech Forum dialogues; implement AML/CFT enhancements for smart contract risks, as AMF/ACPR assess ongoing compliance.
What changed
No binding regulatory changes yet; this is exploratory work anticipating future regulation. The report proposes:
Standards for security, governance, and compliance across execution environments.
Audit frameworks including public authority, third-party auditors, or self-certification.
Regulatory avenues from voluntary certification to obligations, with proportionate approaches.
Consultation responses (summarized post-March 2025) confirmed support for technical standards and audits...
Compliance impact
Urgency: Medium. This is non-binding exploratory work with consultation closed, but it foreshadows potential mandatory smart contract certification in DeFi, aligning with MiCA's risk mitigation goals. Firms face low short-term risk but high long-term impact if voluntary standards evolve into obligations, especially amid DASP phase-out by July 2026 and EU harmonization needs; proactive adoption builds MiCA compliance edge.
Shares ETF ETFs: strong growth for retail investors in 2024
Why this matters
This news article discusses the strong growth of ETFs for retail investors in 2024, which is relevant for investment management firms, wealth managers, and broker-dealers. It touches on consumer protection, ESG, and technology/cyber topics.
Europe & international Innovation Financial services providers Operational resilience – The AMF applies the Joint Guidelines on the oversight cooperation and information exchange under the Digital Operational Resilience Act (DORA)
Why this matters
This regulatory update from the AMF applies the Joint Guidelines on oversight cooperation and information exchange under the Digital Operational Resilience Act (DORA), which is relevant for banking, investment management, and wealth management firms in terms of operational resilience and technology/cyber risk...
Innovation Artificial intelligence AMF launches its "innovation workshops"
Why this matters
This news item announces the launch of 'innovation workshops' by the AMF, the French financial markets regulator. This indicates a focus on supporting innovation and new technologies in the financial sector, particularly for banks, asset managers, and fintech firms.
Artificial intelligence Innovation Financial products Financial services providers Artificial intelligence: the AMF encourages market stakeholders to take part in two European Commission initiatives on issues specific to the financial sector
Why this matters
This regulatory update from the AMF encourages market stakeholders in the financial sector to participate in two European Commission initiatives related to artificial intelligence.
Annual report Institutional AMF activity Other professionals Executive & other private individuals Fintech Market Infrastructures Post-trade Infrastructures Professional investors Journalists Investment...
Why this matters
This annual report from the AMF covers a broad range of regulatory topics relevant to investment managers, capital markets participants, and fintech firms, including reporting, licensing, and technology/cyber issues.
Europe & international Periodic & ongoing disclosures The European single access point for financial and non-financial information on European entities (ESAP) enters its implementation phase
Why this matters
This regulatory update is relevant for financial firms, particularly those in the banking, investment management, and capital markets sectors. It covers topics related to reporting and disclosure, ESG/sustainability, and technology/cyber, which are key focus areas for firms.
Strategy Supervision Institutional Other professionals Executive & other private individuals Fintech Market Infrastructures Post-trade Infrastructures Professional investors Journalists Investment services...
Why this matters
This regulatory update from the AMF covers a range of topics relevant to investment management firms, capital markets participants, and fintechs, including technology and cyber, licensing, and reporting requirements.
Supervision Asset management Journalists Investment management companies The AMF publishes summary of third thematic inspection of asset management companies' cybersecurity systems
Why this matters
This regulatory update from the AMF focuses on the cybersecurity systems of asset management companies, which is relevant for investment management and wealth management firms. The topics covered include operational resilience and technology/cyber risk, which are high priority areas for these types of firms.
Long term investment Risk and Trend Mapping Retail investors Professional investors Journalists Investment management companies Listed companies and issuers Gamification tends to increase investment risk-taking, according to behavioural...
Why this matters
This regulatory update discusses the impact of gamification on investment risk-taking behavior, which is relevant for investment management firms, wealth managers, and broker-dealers that serve retail investors.
MiCA Crypto-assets Innovation Markets in crypto-assets: publication of the MiCA regulation
Why this matters
This regulatory update on the publication of the MiCA regulation is highly relevant for firms operating in the crypto-assets and digital assets space, as well as capital markets and payments firms that interact with crypto-assets.
Crypto-assets Innovation Market infrastructures Post-trading infrastructures Market infrastuctures on blockchain technology: adaptation of the French securities laws
Why this matters
This regulatory update from the AMF (French financial regulator) relates to the adaptation of French securities laws to accommodate blockchain-based market infrastructures. This is relevant for banks, fintechs, and crypto exchanges operating in the French capital markets and crypto asset space.
Long term investment Equity Retail investors Journalists Close to 40% of new equity investors are under 35
Why this matters
This regulatory update discusses trends in equity investing, particularly the growing participation of younger investors. This information is relevant for investment managers, wealth managers, and broker-dealers who serve retail investors.
Warning Warning Savings protection Forex and binary options The AMF warns the public about fraudulent investment offers through trading robots
Why this matters
This regulatory update from the AMF warns the public about fraudulent investment offers through trading robots, which impacts firms in the banking, investment management, and wealth management sectors. It relates to consumer protection, authorization and licensing requirements, and technology/cyber risks.
Innovation Markets AI enthusiasts, the AMF challenges you
Why this matters
This regulatory update from the AMF (Autorité des Marchés Financiers) in France is focused on innovation and AI in the financial services sector, particularly targeting asset managers, wealth managers, and fintech firms. The key topics covered include technology/cyber, authorization/licensing, and consumer protection.
Innovation Market infrastructures Post-trading infrastructures Market infrastructures on blockchain: Application of the EU DLT Pilot Regime from March 23rd
Why this matters
This regulatory update discusses the application of the EU DLT Pilot Regime, which is relevant for capital markets and crypto/digital asset firms. It covers technology and authorization/licensing topics, so it is of medium urgency for fintechs and crypto exchanges.
Artificial intelligence Financial disclosures & corporate financing Innovation Prospectus Artificial intelligence, towards new contributions for regulators
Why this matters
This regulatory update discusses the implications of artificial intelligence for financial regulators, covering topics related to financial disclosures, corporate financing, and innovation.
This regulatory update from the AMF covers a range of sectors and topics relevant to investment management, capital markets, and crypto/digital assets firms. It includes priorities around authorization, reporting, and technology/cyber, indicating medium urgency for firms in these areas to review and prepare.
Innovation The AMF publishes its proposals for an open finance framework
AI Analysis
The Autorité des Marchés Financiers (AMF), France's financial markets authority, has published proposals for an **open finance framework** via a public consultation, extending open banking principles to broader financial data sharing for enhanced innovation and competition. This matters for compliance professionals as it signals upcoming regulatory requirements for secure data access, APIs, and customer consent mechanisms, aligning with EU trends toward open finance while prioritizing consumer protection and market resilience. Firms must engage early to shape the final rules and prepare systems for compliance.
Key dates
2026 (H2)
- Expected finalization of AMF AI roadmap and tokenization consultation, influencing open finance APIs
January 14, 2026
- AMF publishes 2026 priorities, including open finance as part of innovation framework
June 30, 2026
- End of MiCA transitional period, relevant for crypto/open finance intersections
TBD (consultation period) Deadline
- Public consultation on open finance proposals; firms should check AMF site for exact submission deadline (typically 1-3 months post-publication)
Suggested considerations
Review and respond to consultation: Submit feedback on proposals via AMF portal (https://www.amf-france.org/en/news-publications/news/amf-publishes-its-proposals-open-finance-framework) to influence final rules.
Conduct gap analysis: Assess current APIs, data sharing capabilities, consent processes against proposed standards; integrate DORA compliance.
Update policies: Revise customer onboarding, data protection (GDPR alignment), and TPP accreditation processes.
Engage stakeholders: Participate in AMF's asset management tokenization consultation and AI use cases study for synergies.
Test systems: Pilot secure APIs for investment/insurance data sharing; prepare for cybersecurity inspections.
What changed
The publication outlines AMF's proposals for an open finance framework, building on open banking (e.g., PSD2) to include investments, insurance, and asset management data. Key elements include:
Mandatory API-based data sharing for account information and payment initiation, extended to non-banking products like securities and insurance.
Enhanced customer consent and control mechanisms, with granular permissions, revocation rights, and strong authentication.
Security and liability standards aligned with DORA (Digital Operational Resilience Act), including incident reporting and resilience testing.
Governance structure with a centralized standards body, similar to open banking hubs in the UK or EU.
Compliance impact
Urgency: High – As a consultation, immediate engagement is critical to shape rules, but full implementation may not hit until 2027+. It matters due to alignment with AMF's 2026 priorities on innovation (AI, tokenization, MiCA) and resilience (DORA, cybersecurity), risking fines or supervisory actions for non-prepared firms amid EU harmonization push. Early movers gain competitive edge in data-driven services.
Warning Savings protection Warning The AMF calls for vigilance against fraudulent sites usurping its name
Why this matters
This regulatory update from the AMF warns about fraudulent websites impersonating the regulator, which poses risks to consumers and firms in the banking, investment management, and wealth management sectors.
Savings protection Cooperation Crypto-assets Fintech Journalists The AMF and the ARPP are stepping up their cooperation to promote clear and responsible advertising of financial products
Why this matters
This regulatory update focuses on the cooperation between the AMF and ARPP to promote clear and responsible advertising of financial products, including crypto-assets. This impacts banking, investment management, and crypto firms, with implications for consumer protection, licensing, and technology/cyber risks.
Crypto-assets Innovation Market infrastructures on blockchain technology: publication of the European Pilot Regime regulation
Why this matters
This regulatory update is focused on the publication of the European Pilot Regime regulation, which is relevant for crypto-asset and blockchain-based market infrastructure firms. It covers topics related to technology and authorization/licensing requirements for these types of firms.
Annual report Institutional Other professionals Executive & other private individuals Fintech Market Infrastructures Post-trade Infrastructures Professional investors Journalists Investment services providers ...
Why this matters
This regulatory update from the AMF covers their annual report and strategic plan, which is relevant for investment managers, broker-dealers, and fintech firms. The key topics include reporting and disclosure requirements, technology and cyber risks, as well as authorization and licensing for firms operating in the...
AMF activity Focus on inDECx: the new tool to be used when interacting with the AMF during an inspection or investigation
Why this matters
This regulatory update from the AMF introduces a new tool called inDECx that firms will need to use when interacting with the AMF during inspections or investigations. This is relevant for investment managers, broker-dealers, and crypto exchanges as they may be subject to AMF oversight and inspections.
Crypto-assets Innovation Market infrastructures New step forward in the adoption of the regulation on a Pilot Regime for market infrastructures based on the blockchain technology
Why this matters
This regulatory update from the AMF relates to the adoption of a new regulation on a Pilot Regime for market infrastructures based on blockchain technology. This is relevant for crypto and digital asset firms as well as capital markets participants that may leverage blockchain technology.
Strategy Supervision Other professionals Executive & other private individuals Fintech Market Infrastructures Post-trade Infrastructures Professional investors Journalists Investment services providers ...
Why this matters
This regulatory update from the AMF covers priorities across investment management, capital markets, and fintech firms. Key topics include technology/cyber, authorization/licensing, and reporting/disclosure requirements. The medium urgency reflects the strategic nature of the update.