Thanks to this new certification, students at Grenoble Ecole de Management can sit the French financial regulator’s (AMF) certification exam which gives professionals the right to make investment orders on financial markets.
The importance in regulation of financial markets has soared in recent years. In order to regulate the access to financial markets, any person must hold, since 1st July 2010, an AMF professional certification. It is mandatory for investment service providers such as investment and retail banks, asset management companies, brokerage companies or any Investment Services Provider, which have to ensure that their employees have the necessary qualifications, expertise and accurate level of knowledge to carry out their function.
Since early 2012, Grenoble Ecole de Management is one of the first business schools in France to receive the right to offer its students the possibility to sit the certified AMF exam (313-7-3 article), which is primarily focused on the regulatory, ethical and technical aspects of the Investment Services Provider activity.
Skills and knowledge tested include: Regulatory and institutional frameworks in France, Europe and at the international level; Professional ethics, regulatory compliance and corporate governance ; Anti-money laundering and anti-terrorism financing regulations ; Market abuse regulations ; Bank and financial marketing, distance selling and customer advice ; Customer relations and information ; Financial instruments and risks ; Fund management and third-party asset management ; Market organisation and processes ; Fundamentals of accounting and finance…
Grenoble Ecole de Management thus offers the possibility< for those aspiring to embark on an investment service provider career to pass the necessary exam even before graduating: A time-saver and a significant advantage on their CVs.
The Autorité des marchés financiers (AMF), established by the Financial Security in August 2003, was formed from the merger of the Commission des Opérations de bourse (COB), the Conseil des Marchés Financiers (CMF) and the Conseil de Discipline de la Gestion Financière (CDGF).
Its aim is to improve the efficiency of France’s financial regulatory system.