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The Bank of France

In: Fintech Regulation and Supervision Challenges within the Banking Industry

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  • Felix I. Lessambo

    (Fordham University)

Abstract

French financial institutions are regulated by both the AMF and the ACPR (which is the regulatory arm of the French Central Bank). The regulation to which a Fintech company may be subject to depends on its activities. There are no regulatory sandboxes in France. Nonetheless, a few private hubs for FinTech and public initiatives tend to promote innovation. Within the AMF, the ACPR-FinTech Innovation Unit leads the FinTech Forum, which gathers together professionals several times a year, in order to discuss regulatory and supervisory subjects related to Fintech and innovation.

Suggested Citation

  • Felix I. Lessambo, 2023. "The Bank of France," Palgrave Macmillan Studies in Banking and Financial Institutions, in: Fintech Regulation and Supervision Challenges within the Banking Industry, chapter 0, pages 93-102, Palgrave Macmillan.
  • Handle: RePEc:pal:pmschp:978-3-031-25428-4_6
    DOI: 10.1007/978-3-031-25428-4_6
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