New French Regulations Tighten Control on Foreign Investments

A new decree expands the list of sectors in which foreign investors must seek prior French Minister of the Economy authorization -

The French government issued a new decree 2014-479 dated 14 May, 2014 expanding the list of strategic sectors in which foreign investments in France require prior authorization of the French Minister of the Economy pursuant to article L.151-3 of the French Monetary and Financial Code.

This decree extends French state control already applicable to foreign investments in certain strategic areas (such as national defence, information technology). The additional sectors include energy, transport, water, public health and telecommunications.

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Topics:  EU, Financial Regulatory Reform, Foreign Investment

Published In: General Business Updates, Finance & Banking Updates, International Trade Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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