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The French Autorité des Marchés Financiers has recently published a synthesis of the contributions it received in response to its public consultation on Initial Coin Offerings (ICOs) to obtain stakeholder views on how these new types of blockchain offerings might be regulated.
On 26 October 2017, France’s Financial Markets Authority, the “ Autorité des Marchés Financiers ” (“AMF ”), published a discussion paper focusing on initial coin offerings (“ICOs ”) that highlights the (many) dangers that arise from these unregulated transactions and discusses the regulation options...
Further to the adoption of Act no.2016-1691, dated 9 December 2016, on Transparency, Anti-Corruption and Modernization of Economic Life (“Sapin II ” – see our compliance coverage here) and the public consultation whose results were made public on 30 August 2017 (see our coverage here), the French Mi...
The French Act no.2016-1691 dated 9 December 2016 on Transparency, Anti-Corruption and Modernization of Economic Life (Or “Sapin II” – see our compliance coverage here) empowered the Government to amend the regulatory framework to facilitate the transmission of certain financial securities through b...