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AMF updates doctrine for investment advisors under MiCA

The French Financial Markets Authority (AMF) has updated its doctrine regarding investment advisors to align with the EU Markets in Crypto-Assets Regulation (MiCA), affecting investment firms and financial service providers immediately.

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The French Financial Markets Authority (AMF) has updated its doctrine regarding investment advisors, effective immediately as of July 27, 2026. The update requires investment firms and financial service providers to comply with the new regulatory framework established by the EU Markets in Crypto-Assets Regulation (MiCA).

The AMF's updates clarify the responsibilities and qualifications required for certain investment vehicles, particularly those classified as alternative investment funds (AIFs).

The updates apply to investment firms and financial service providers, including those involved with crypto assets. Compliance officers must review the updated doctrine and assess their current practices against the new requirements under MiCA.

The AMF emphasizes the importance of aligning operations with the new guidelines to mitigate risks associated with non-compliance as the regulation comes into effect.

Source: AMF, official publication, retrieved 2026-07-29

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