Leadership and Companies
SEC-AMF Pact Eases US Entry for French Asset Managers
The SEC and France’s AMF signed a cooperation pact covering cross-border supervision and information-sharing for financial firms.
What happened
The SEC and AMF created a framework for consultation, cooperation and information exchange covering investment advisers, investment companies and investment service providers operating across the United States and France. The arrangement specifically supports SEC registration and supervision of AMF-supervised asset managers seeking to operate in the US, including new and pending applications.
Why it matters
French asset managers seeking US business now have a formal supervisory cooperation framework between their regulators, supporting cross-border operations while maintaining investor-protection oversight.
Source: U.S. SEC Press Releases