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  • New French Decree, Ministerial Order Clarify Foreign Investment Authorisation Rules

    Dated 31 December 2019, the legislation updates and elucidates the process for obtaining foreign investment authorisations in France. The new provisions go into effect on 1 April 2020.

  • France to Test Medical Cannabis for Two Years

    Cannabis consumption is a complex issue and is first and foremost a health matter. While it is forbidden in France for recreational or medical use, on October 25, 2019 the French Parliament (National Assembly) gave its consent to conduct an experimentation on medical use of cannabis starting in early 2020.

  • Legislation and Case Law in France / Second Half-Year 2019

    Prevention of occupational hazards and management of matters related to safety and the protection of health at work are major concerns for all those involved in labor law.
 This newsletter reviews five notable court holdings in this domain from the second half of the year.

  • New expansion and clarification of Foreign Direct Investments control regime in France

    Further to the Decree of 29 November 2018, which expanded the list of strategic sectors, and to the so-called « PACTE » law of 22 May 2019, which strengthened the enforcement powers of French authorities with respect to the review of foreign direct investments ("FDI"), France has published two new provisions implementing the legislative changes introduced by the PACTE law. The reform adapts the French legal framework to the coordination system introduced by the EU Regulation 2019/452 of 19 March 2019 establishing a framework for the screening of foreign direct investments into the Union, which was entered into force on 10 April 2019 and that will be effective as of 11 October 2020.

  • Banking, Finance and Insurance Letter — Novembre/Décembre 2019

    Challenge of the guidelines of the European Banking Authority and notice of compliance by the Prudential Supervisory and Resolution Authority (ACPR) In its notice of September 8, 2017, the ACPR stated that it complies with the European Banking Authority (EBA) guidelines on governance and supervision arrangements for retail banking products. 
 Please see full Publication below for more information.

  • How To Deal with Strikes in France?

    In 2019, France has been facing many strikes and social movements which impacted companies in term of business and staff management. Who did not hear about the “Yellow vests” movement or, more recently, the claims raised against the retirement reform which are still on-going?

  • CNIL: Continuous, Systematic CCTV Surveillance At Schools Excessive

    French Data Protection Authority CNIL has weighed in on CCTV surveillance in schools.
 CNIL received 25 complaints regarding systematic surveillance of students throughout their day, whether during their recess, during their lunch in the canteen or even during their class time.

  • Foreign direct investment reviews 2019: A global perspective: France

    In December 2018, a new decree expanded the scope of the French national security review, especially in the technology sector 
 In May 2019, the so-called “PACTE” Law strengthened the powers of French authorities in case of breach of the filing requirement or commitments imposed in the context of a clearance decision. The Bureau Multicom 4, which is located within the Ministry of Economy’s (MoE) Treasury Department, conducts the review....

  • AMF Establishes New Legal Framework for Digital Asset Service Providers in France

    The Situation: Following the enactment earlier in 2019 of new French legislation to regulate activities related to digital assets (including cryptocurrency but excluding tokenized securities), final regulatory provisions were expected to follow. The Result: The Autorité des marchés financiers ("AMF") recently issued new provisions to its general regulation as well as two instructions. These provide rules that apply to the licensing and the organizational guidelines with which digital asset service providers must comply.

  • France Sanctions Google For Abusing Dominant Position In Search Advertising

    The French Competition Authority has announced it imposed a sanction of €150 million on Google for abusing its dominant position in search advertising.

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