Knowledge Base

← Marketing of Financial Instruments, Solicitation, Distance Selling, and Client Advisory

Questions

Which body has jurisdiction to sanction misleading commercial practices in financial advertising?

AMF
DGCCRF
ACPR
ESMA

What is the maximum fine that the AMF Sanctions Committee can impose on a legal entity for non-compliant promotional communications?

Five million euros
Ten million euros
Fifteen million euros
Twenty million euros

What is the mandatory label for identifying the promotional nature of a communication on social media according to AMF Position-Recommendation DOC-2011-24?

#FinancialAdvertising
#InvestmentPromotion
#AdvertisingCommunication
#FinancialInfo

Under Article L. 533-12 of the Code monétaire et financier, what characteristics must promotional communications of investment service providers meet?

Accurate, clear and not misleading
Brief, direct and attractive
Comprehensive, detailed and technical
Innovative, creative and engaging

The use of wording such as 'safe investment' or 'guaranteed return' is permitted if accompanied by clarifying disclaimers.

True
False

Past performance may constitute the primary element of an advertising communication without any specific disclaimer.

True
False

Minimum reference period for the past performance of a UCITS with a KIID

Click to see answer

Categorize items by dragging them to the appropriate zones

Items to categorize:

Asset management companies
Investment service providers
Financial investment advisors
Categories:

Producers

Distributors