Financial security at Crédit Agricole CIB
As part of the legal and regulatory obligations in force, and in application of Crédit Agricole S.A. Group policy, Crédit Agricole CIB has put into place a system dedicated to the prevention of money laundering, the financing of terrorism and corruption, and compliance with embargos and asset freezes. This system applies to both the central entity and affiliated units. As a financial institution and investment services provider, Crédit Agricole CIB is subject to supervision and control by the Prudential Control Authority (ACP) and the Financial Markets Authority (AMF), the French financial and banking sector regulatory authorities. The system in place includes, on the one hand, the obligations arising from international rules and recommendations and, on the other, obligations arising under national law.
Customer protection - The MIFID - Complaints and deposit guarantee scheme
The Markets in Financial Instruments Directive (MiFID) is the European law measures of which were transposed into the legislation and the French regulation. They came into effect on November 1st, 2007. The MiFID ratified on 21st April 2004 aims at creating a single market for financial services with more integrated capital markets and enhanced investor protection, the same across all European countries. It simplifies the regulations relative to financial services throughout the European Union by laying down common rules in terms of treatment of customers and capital market operations.