Insights & Publications
© 2018 Debevoise & Plimpton LLP
French Financial Markets Watchdog Encourages Settlements
28 February 2018
View Client Update
Between September 2017 and February 2018, the French Financial Markets Authority (the “AMF”) published the terms of its first settlements relating to market abuses. One involved insider trading, while four related to market manipulations. All related to alleged violations that involved relatively small profits and no new legal issues.
The AMF does not appear to have given defendants any pecuniary advantages compared to the maximum level of penalties that would have been imposed in a proceeding before the AMF Enforcement Committee.
Settlements, however, offer some clear advantages, including the absence of a conviction, and thus the avoidance of the ancillary risks associated with a finding of guilt.
White Collar & Regulatory Defense
Antoine F. Kirry
SEC Sues Hedge Fund Adviser For Alleged Short-and-Distort Scheme
European Funds Comment: Private Equity and European Competition Law
Debevoise Partner Kara Brockmeyer Presents at the TRACE Anti-Bribery Workshop
European Funds Comment: UK Government Adapts Proposals to Reform Law on Insolvency and Corporate Governance
UK Modern Slavery Act Transparency Statement
Debevoise Women's Review