New chief appointed for French financial regulator

MARKET_WATCH Regulation

QUICK TAKE :

 

  • - Former banking lobbyist Marie-Anne Barbat-Layani has received parliamentary approval to lead the French financial authority.
  • - France has been embracing crypto regulation in recent months.

 

Marie-Anne Barbat-Layani, a former banking lobbyist, received the green light from the two houses of the French parliament to lead the nation’s Financial Markets Authority (autorité des marchés financiers) on Wednesday. Her role will include overseeing the registration of crypto firms in France.

 

Barbat-Layani begins her non-renewable, five-year term after a vote of 20 in favor, one against in the Senate, and 35 to 27 in the National Assembly. She will replace Robert Ophèle, whose term came to a close at the end of July.

 

 

Source : New chief appointed for French financial regulator

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