The AMF demands fines totaling 93 million euros against H2O and its two founders

These fines aim to condemn three players for a violation of the rules intended to protect the interests of investors.

The college of the Autorité des marchés financiers (AMF) on Friday demanded fines totaling a record 93 million euros against the asset management company H2O and its two founders for violation of the rules. designed to protect the interests of investors.

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During a public hearing before the AMF Sanctions Committee, the representative of the college demanded a fine of 75 million euros against H2O, 15 million against its former boss Bruno Crastes and 3 million against the director of investments Vincent Chailley.