the warning of the Stock Exchange policeman to savers

by time news

2023-10-24 11:04:08

Pair Jorge Carasso

Published yesterday at 6:59 p.m., Updated 1 minute ago

“The first of our actions is to identify fraudulent actors,” underlines Marie-Anne Barbat-Layani, president of the AMF. ROMUALD MEIGNEUX/SIPA

DECRYPTION – Social networks, where more or less relevant financial advice abounds, are the priority target of the president of the AMF, who seeks to protect savers.

“The world of savings has undergone fundamental changes in a very short period of time.” Appointed president of the Financial Markets Authority (AMF) just a year ago by Emmanuel Macron, Marie-Anne Barbat-Layani has had to fight on several fronts to defend savers, in a very complex environment. The rise in interest rates has brought down the crypto market and weighed down the real estate market; inflation eats away at savings returns and pushes households to look for more profitable investments, at the risk of giving in to overly tempting promises, or even being victims of scams.

This new situation forces the stock market policeman to be more vigilant than ever. “Our main objective is to protect savers”, recalls Marie-Anne Barbat-Layani. The bankruptcy of FTX in early November 2022 shook the cryptocurrency ecosystem and prompted the AMF to put in place additional safeguards. Since 2021, platforms aimed at…

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