Crypto-assets: the Autorité des Marchés Financiers warns the public about the activities of several unauthorized entities

For compliance teams, the direct obligation is not a new rule but heightened vigilance: confirm counterparties and marketing partners against AMF authorisation and warning lists, refresh onboarding and ongoing due diligence for crypto exposures, and ensure client-facing materials do not imply regulatory approval. Firms should also monitor for impersonation and clone activity, escalate suspicious entities, and maintain evidence of checks. The warning may affect distribution arrangements, introducer relationships, and cross-border crypto marketing into France.

Action: update financial-crime and third-party risk controls, brief front office and marketing teams, and consider proactive client communications where exposure is identified. Business opportunity: stronger RegTech screening and authorised-status monitoring can differentiate compliant crypto service providers and reduce reputational risk.