The French Monetary Authority (AMF) recently announced on its official website its top priority areas of action and regulatory plans for 2023.

The priority areas for regulatory action include promoting retail investor centered finance, actively collaborating with the European Securities and Markets Authority (ESMA) on "regulatory integration", developing regulatory frameworks to promote sustainable finance and combat green washing, and demonstrating robust and efficient regulation.

Meanwhile, the French AMF has announced four areas of action priorities. In the first focus area, AMF intends to ensure that its financial education is better targeted at retail investors. AMF will seek new channels to raise public awareness of the risks of fraud, and the risks of fraud are still ongoing. It will draw lessons from mysterious visits and inspections to encourage distributors to sell products that truly adapt to different investor markets, "AMF said

In addition, in order to achieve "regulatory integration," AMF stated that it will collaborate with the Financial Stability Board and the International Securities Commission to manage liquidity through investment funds. In addition, regulatory agencies intend to support the implementation of new regulations, the European Crypto Asset Market Regulation (MiCA).

In terms of sustainable finance, AMF stated that it will help listed companies and asset management companies comply with key sustainable finance legislation. In addition, regulatory authorities have promised to review the first reports submitted by listed companies regarding their economic activities deemed environmentally sustainable.

In addition, AMF stated that it will adjust its tools and protect its enforcement policies to keep pace with changes in behavior and technology.

Meanwhile, AMF's regulatory focus this year covers various market entities. For investment management companies, regulatory authorities have stated that they will focus on cybersecurity arrangements, financial management authorizations, and the application of the Sustainable Financial Disclosure Regulations (SFDR). For market intermediaries and infrastructure, regulatory authorities plan to investigate the quality of post transaction transparency data and cross-border activities, as well as other steps.

Most importantly, financial market regulators have stated that they will focus on measures such as how to conduct marketing in the distribution banking network, which marketing materials to use, and how to handle investor claims.