EDF fined millions for disseminating misleading information about U.K. nuclear project

The Enforcement Committee of the Autorité des Marchés Financiers (AMF) has imposed a fine of €5 million (about $5.9 million) on Électricitéde France for providing false information about the Hinkley Point C new-build nuclear project in the United Kingdom. The committee has also imposed a €50,000 (about $59,000) fine on EDF’s former chairman and chief executive officer, Henri Proglio. According to a July 30 statement from the AMF, the false information was spread via an October 8, 2014, news release.

The AMF is described on its website as an independent public authority that regulates the French financial marketplace and its participants.