France's Autorité des marchés financiers (AMF) published a synthesis of its SPOT inspections covering the compliance and internal control functions implemented within portfolio management companies. The review covered five portfolio management companies and was carried out as part of the European Securities and Markets Authority (ESMA) 2025 common supervisory action. It follows the AMF’s 2020 SPOT campaign on outsourcing of internal control and was preceded by an initial analysis phase based on a questionnaire sent to a wider set of firms, comprising 41 companies.
France Autorite des marches financiers 2026-03-31
France's Autorité des marchés financiers publishes SPOT inspection takeaways on compliance and internal control in portfolio management companies
France’s Autorité des marchés financiers published a synthesis of its SPOT inspections on compliance and internal control functions within portfolio management companies. The review, conducted on five firms as part of the European Securities and Markets Authority 2025 common supervisory action, follows the AMF’s 2020 SPOT campaign on outsourcing of internal control and was preceded by a questionnaire-based analysis of 41 companies.