The French Financial Markets Authority has published a summary of its anti-money laundering and counter-terrorist financing supervisory reviews that resulted in follow-up action between Jan. 1, 2022, and Dec. 31, 2025. The document covers portfolio management companies and financial investment advisers and brings together the main lessons from cases that also involved combating tax evasion and tax fraud. The summary is based on sanctions decisions by the AMF Sanctions Commission, administrative settlement agreements approved by that commission and supervisory follow-up letters issued over the period. It is presented as a synthesis of the authority's control findings and the consequences that followed from those reviews.