About this course

Presentation

The AMF's general regulation requires any person involved in the marketing or negotiation of financial instruments to justify a minimum level of knowledge.

FIRST FINANCE prepares for the professional certification of market key-players (called "AMF Certification") organised jointly with the CNAM.

Target population

• You are a newcomer and have the obligation to pass the certification.

Any person hired since 1 July 2010 in an Investment Service Provider (ISP) and dealing with or marketing financial products has the obligation to validate his or her skills within 6 months after taking office, with the opportunity to take the exam as many times as necessary in this interval.

Specifically, the persons concerned are as follows:

• You are already in activity: certification allows you to validate your skills

If you were already in office on July 1, 2010, you are exempt from the obligation to certify ("grandfather" clause).

However, all your new colleagues hired since that date have to be certified, and thus receive official recognition of their knowledge. In practice, this AMF Certification exam becomes a Place Standard.

Even if the AMF Certification only concerns people processing or marketing financial products, all employees of Investment Service Providers (banks, management companies, etc.) can add the AMF Certification in their curriculum to validate their know-how and experience, and also acquire new knowledge.

Description of the external AMF certification exam

The certified exam is composed of 100 multiple choice questions, for a maximum duration of 2 hours. Each question has only one correct answer.

The exam covers 12 themes and 48 sub-themes.

These 12 themes are separated into two distinct parts:

• The regulatory and ethical environment
• Technical knowledge