{"id":6586,"date":"2022-01-22T16:59:20","date_gmt":"2022-01-22T15:59:20","guid":{"rendered":"https:\/\/www.karman-associes.com\/?page_id=6586"},"modified":"2023-01-03T20:15:40","modified_gmt":"2023-01-03T19:15:40","slug":"contentieux-reglementaire-bancaire-et-financier","status":"publish","type":"page","link":"https:\/\/www.karman-associes.com\/en\/litigation-practice\/contentieux-reglementaire-bancaire-et-financier\/","title":{"rendered":"Banking and financial regulatory litigation"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row type=&#8221;vc_default&#8221; full_width=&#8221;stretch_row_content_no_spaces&#8221; full_height=&#8221;yes&#8221; columns_placement=&#8221;stretch&#8221; equal_height=&#8221;yes&#8221; content_placement=&#8221;middle&#8221; css_animation=&#8221;fadeIn&#8221; full_width_row=&#8221;true&#8221; padding_left=&#8221;0&#8243; padding_right=&#8221;0&#8243; bg_type=&#8221;image&#8221; parallax_style=&#8221;vcpb-default&#8221; bg_image_new=&#8221;id^6782|url^https:\/\/www.karman-associes.com\/wp-content\/uploads\/2022\/01\/contentieux-reglementaire-bancaire-et-financier.jpg|caption^null|alt^null|title^contentieux reglementaire bancaire et financier|description^null&#8221; bg_image_repeat=&#8221;no-repeat&#8221; ult_hide_row=&#8221;ult_hide_row_value&#8221; ult_hide_row_tablet=&#8221;tablet&#8221; ult_hide_row_tablet_small=&#8221;xs_tablet&#8221; ult_hide_row_mobile=&#8221;mobile&#8221; ult_hide_row_mobile_large=&#8221;xl_mobile&#8221; min_height=&#8221;100%&#8221;][vc_column css_animation=&#8221;fadeInLeft&#8221; width=&#8221;1\/2&#8243; offset=&#8221;vc_hidden-sm vc_hidden-xs&#8221; css=&#8221;.vc_custom_1590678227411{padding-right: 15% !important;padding-left: 15% !important;}&#8221;]<div id=\"ultimate-heading-63546a1460fc64789\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-63546a1460fc64789 uvc-4831 \" data-hspacer=\"no_spacer\"  data-halign=\"center\" style=\"text-align:center\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-63546a1460fc64789 h2'  data-responsive-json-new='{\"font-size\":\"desktop:44px;\",\"line-height\":\"desktop:56px;\"}' ><h2 style=\"font-family:&#039;Dosis&#039;;font-weight:500;color:#b08d57;margin-top:20%;margin-bottom:20%;\">BANKING AND FINANCIAL REGULATORY LITIGATION<\/h2><\/div><\/div>[\/vc_column][vc_column css_animation=&#8221;fadeInDown&#8221; width=&#8221;1\/2&#8243; css=&#8221;.vc_custom_1643290814310{padding-right: 13% !important;padding-left: 13% !important;background-color: rgba(255,255,255,0.9) !important;*background-color: rgb(255,255,255) !important;}&#8221;][vc_column_text css=&#8221;.vc_custom_1643291228013{background-color: rgba(0,183,196,0.01) !important;*background-color: rgb(0,183,196) !important;}&#8221;]<\/p>\n<h1 style=\"font-weight: 300; text-align: left;\"><span style=\"color: #b08d57;\">_<\/span><\/h1>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">The successive financial crises have led to a growing, complex and increasingly changing regulation of the banking and financial sectors.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">This has significantly increased the risk of regulatory litigation to which players in these sectors are exposed. The sanctions imposed by the regulatory authorities can be very significant and present major financial and reputational challenges for stakeholders.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">In this context, a perfect control over litigation and pre-litigation situations is key.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">Combining its procedural skills with an in-depth knowledge of the financial world, Karman Associ\u00e9s regularly advises and represents issuers, banks, ISPs, investment funds, asset management companies, investors and managers in the context of:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"color: #000000;\">controls and investigations conducted by the French Financial Markets Authority (<em>AMF<\/em>) or by the French Prudential Control Authority (<em>ACPR<\/em>)<\/span><\/li>\n<li><span style=\"color: #000000;\">sanction proceedings before the AMF or ACPR Sanction Commission relating to market abuse (insider trading, price manipulation, dissemination of false information) and breaches of professional obligations by those engaged in regulated activities (internal controls, management of client information, conflicts of interest)<\/span><\/li>\n<li><span style=\"color: #000000;\">proceedings before the appeal courts with jurisdiction over decisions of the AMF and the ACPR, or<\/span><\/li>\n<li><span style=\"color: #000000;\">proceedings before the criminal courts when regulatory breaches are likely to constitute criminal offences.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">From a prudential and risk management perspective, Karman Associ\u00e9s&#8217; regulatory litigation practice also assists the firm&#8217;s clients in their day-to-day dealings with the regulatory authorities (obtaining and extending authorizations, structuring internal control procedures).<\/span><\/p>\n<h1 style=\"font-weight: 300; text-align: right;\"><span style=\"color: #b08d57;\">_<\/span><\/h1>\n<p>[\/vc_column_text]<div class=\" vc_custom_1672773327938 ubtn-ctn-center \"><a class=\"ubtn-link ult-adjust-bottom-margin ubtn-center ubtn-normal \" href=\"https:\/\/www.karman-associes.com\/en\/expertises\/\" ><button type=\"button\" id=\"ubtn-4731\"  class=\"ubtn ult-adjust-bottom-margin ult-responsive ubtn-normal ubtn-no-hover-bg  none  ubtn-sep-icon ubtn-sep-icon-at-left  ubtn-center   tooltip-6a1460fc64865\"  data-hover=\"#ffffff\" data-border-color=\"#ffffff\" data-bg=\"#b08d57\" data-hover-bg=\"#000000\" data-border-hover=\"\" data-shadow-hover=\"\" data-shadow-click=\"none\" data-shadow=\"\" data-shd-shadow=\"\"  data-ultimate-target='#ubtn-4731'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"font-weight:normal;border-radius:0px;border-width:0px;border-color:#ffffff;border-style:solid;background: #b08d57;color: #ffffff;\"><span class=\"ubtn-data ubtn-icon\"><i class=\"Defaults-angle-left\" style=\"font-size:0px;color:#ffffff;\"><\/i><\/span><span class=\"ubtn-hover\" style=\"background-color:#000000\"><\/span><span class=\"ubtn-data ubtn-text \" >BACK TO EXPERTISES<\/span><\/button><\/a><\/div>[\/vc_column][\/vc_row][vc_row type=&#8221;vc_default&#8221; full_width=&#8221;stretch_row_content_no_spaces&#8221; full_height=&#8221;yes&#8221; columns_placement=&#8221;stretch&#8221; equal_height=&#8221;yes&#8221; content_placement=&#8221;middle&#8221; css_animation=&#8221;fadeIn&#8221; full_width_row=&#8221;true&#8221; padding_left=&#8221;0&#8243; padding_right=&#8221;0&#8243; bg_type=&#8221;bg_color&#8221; ult_hide_row=&#8221;ult_hide_row_value&#8221; ult_hide_row_large_screen=&#8221;large_screen&#8221; ult_hide_row_desktop=&#8221;desktop&#8221; min_height=&#8221;100%&#8221; bg_color_value=&#8221;rgba(255,255,255,0.01)&#8221;][vc_column css_animation=&#8221;fadeIn&#8221; css=&#8221;.vc_custom_1546889400968{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;}&#8221;][vc_row_inner content_placement=&#8221;middle&#8221;][vc_column_inner css=&#8221;.vc_custom_1643290853848{padding-right: 15% !important;padding-left: 15% !important;background-image: url(https:\/\/www.karman-associes.com\/wp-content\/uploads\/2022\/01\/contentieux-reglementaire-bancaire-et-financier.jpg?id=6782) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;]<div id=\"ultimate-heading-46346a1460fc6490e\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-46346a1460fc6490e uvc-7741 \" data-hspacer=\"no_spacer\"  data-halign=\"center\" style=\"text-align:center\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-46346a1460fc6490e h2'  data-responsive-json-new='{\"font-size\":\"desktop:44px;\",\"line-height\":\"desktop:56px;\"}' ><h2 style=\"font-family:&#039;Dosis&#039;;font-weight:500;color:#b08d57;margin-top:20%;margin-bottom:20%;\">BANKING AND FINANCIAL REGULATORY LITIGATION<\/h2><\/div><\/div>[\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=&#8221;middle&#8221;][vc_column_inner css=&#8221;.vc_custom_1590157942831{padding-right: 15% !important;padding-left: 15% !important;background-color: #ffffff !important;}&#8221;][vc_column_text css=&#8221;.vc_custom_1643291244579{background-color: rgba(0,183,196,0.01) !important;*background-color: rgb(0,183,196) !important;}&#8221;]<\/p>\n<h1 style=\"font-weight: 300; text-align: left;\"><span style=\"color: #b08d57;\">_<\/span><\/h1>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">The successive financial crises have led to a growing, complex and increasingly changing regulation of the banking and financial sectors.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">This has significantly increased the risk of regulatory litigation to which players in these sectors are exposed. The sanctions imposed by the regulatory authorities can be very significant and present major financial and reputational challenges for stakeholders.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">In this context, a perfect control over litigation and pre-litigation situations is key.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">Combining its procedural skills with an in-depth knowledge of the financial world, Karman Associ\u00e9s regularly advises and represents issuers, banks, ISPs, investment funds, asset management companies, investors and managers in the context of:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"color: #000000;\">controls and investigations conducted by the French Financial Markets Authority (<em>AMF<\/em>) or by the French Prudential Control Authority (<em>ACPR<\/em>)<\/span><\/li>\n<li><span style=\"color: #000000;\">sanction proceedings before the AMF or ACPR Sanction Commission relating to market abuse (insider trading, price manipulation, dissemination of false information) and breaches of professional obligations by those engaged in regulated activities (internal controls, management of client information, conflicts of interest)<\/span><\/li>\n<li><span style=\"color: #000000;\">proceedings before the appeal courts with jurisdiction over decisions of the AMF and the ACPR, or<\/span><\/li>\n<li><span style=\"color: #000000;\">proceedings before the criminal courts when regulatory breaches are likely to constitute criminal offences.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">From a prudential and risk management perspective, Karman Associ\u00e9s&#8217; regulatory litigation practice also assists the firm&#8217;s clients in their day-to-day dealings with the regulatory authorities (obtaining and extending authorizations, structuring internal control procedures).<\/span><\/p>\n<h1 style=\"font-weight: 300; text-align: right;\"><span style=\"color: #b08d57;\">_<\/span><\/h1>\n<p>[\/vc_column_text]<div class=\" vc_custom_1672773336377 ubtn-ctn-center \"><a class=\"ubtn-link ult-adjust-bottom-margin ubtn-center ubtn-normal \" href=\"https:\/\/www.karman-associes.com\/en\/expertises\/\" ><button type=\"button\" id=\"ubtn-9029\"  class=\"ubtn ult-adjust-bottom-margin ult-responsive ubtn-normal ubtn-no-hover-bg  none  ubtn-sep-icon ubtn-sep-icon-at-left  ubtn-center   tooltip-6a1460fc6498f\"  data-hover=\"#ffffff\" data-border-color=\"#ffffff\" data-bg=\"#b08d57\" data-hover-bg=\"#000000\" data-border-hover=\"\" data-shadow-hover=\"\" data-shadow-click=\"none\" data-shadow=\"\" data-shd-shadow=\"\"  data-ultimate-target='#ubtn-9029'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"font-weight:normal;border-radius:0px;border-width:0px;border-color:#ffffff;border-style:solid;background: #b08d57;color: #ffffff;\"><span class=\"ubtn-data ubtn-icon\"><i 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