Analysis
14 July 2020

French financial authorities warning on fraud increase in time of Covid-19

Bastille Day Newsletter 2020 - 3-lines outline of some noteworthy events

 

The French Securities and Markets Authority (“Autorité des Marchés Financiers”) [1] and the French Prudential Control and Resolution Authority (“Autorité de Contrôle Prudentiel et de Résolution”) [2] urge the population to be vigilant regarding the risk of fraud amidst the Covid-19 epidemic, namely with respect to fraudulent e-mails and online advertising banners [3].

The two regulatory authorities point out that fraudulent solicitations, often exploiting topical events, can escalate rapidly

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