April 16, 2024

We have now realized that two Monetary Markets Authority (AMF) workers have been fired for moral breaches within the final 5 years The newspaper.

The primary case is a “refusal to acknowledge the applicability of the principles on securities transactions and to respect them,” Benoit Longtin, deputy secretary basic of the Monetary Markets Authority, informed the Journal in response to a request for entry to data.

The second case involved “failure to adjust to the principles on public communication (public statements/habits that might injury the picture or popularity of the authority)”.

Do not forget that the AMF goals to “enhance the belief of people and companies in monetary establishments and different individuals within the monetary sector.”

The AMF calmed down

When requested by Le Journal final Friday to touch upon the problem, the AMF mentioned it was reassured that there had been no instances of dismissals for fraud within the final 5 years.

Concerning the 2 instances of dismissals for violating the Code of Ethics, the AMF defended itself on the grounds that this mirrored the excessive degree of its moral requirements.

“This determine exhibits that the surroundings through which the authority’s roughly 800 workers work is topic to very strict, very strict guidelines aimed exactly on the highest moral degree throughout the group,” emphasised its spokesman Sylvain Théberge.

Final Friday, Le Journal reported that the Ministry of Transport and Sustainable Mobility (MTMD) had dismissed greater than 48 workers throughout the identical interval, significantly resulting from absenteeism and theft.