News & Analysis as of


Revision of the Luxembourg-France tax treaty: a major impact on the structuring of French real estate investments

by DLA Piper on

The revised version of the new Luxembourg-France tax treaty was released today, and as expected, it has a significant impact on dividends distributed by French OPCIs....more

French prosecutors reach first ever DPAs settling bribery charges

by White & Case LLP on

In February 2018, the first Conventions Judiciaire d'Intérêt Public ("CJIPs") – or French Deferred Prosecution Agreements ("DPAs") – were entered into for corruption charges between the Public Prosecutor's Office of Nanterre...more

Is France going to strengthen its control over foreign direct investments again?

by Bryan Cave on

The current rules in France concerning the control over foreign direct investments arose from the deregulation of international capital flows which occurred worldwide, and especially in the United States and the European...more

French Intellectual Property Office Extends Granted SPC Expiration Date

by Jones Day on

The Situation: The French Intellectual Property Office ("IPO") previously refused to adjust the expiration date of a granted supplementary protection certificate ("SPCs") when it had been calculated on the date of grant of...more

Employment Alert – March 2018

by Dentons on

Access to employee files the ECHR validates the position of the Supreme Court - The European Court of Human Rights validates the French position by ruling that the employer may freely consult a file that is not identified...more

Energy Newsletter - March 2018

by King & Spalding on

Good news at last for the development of offshore wind projects in France - While France had launched in 2011 a very ambitious offshore wind farm development program, aiming to reach 6 GMW of wind turbine installations at...more

Toward e-justice with the transformation of the French legal system?

by White & Case LLP on

On March 9th 2018, the Minister of Justice has unveiled the main lines of the upcoming reform regarding the radical transformation of the French judicial system....more

Sapin II and French Anti-Corruption Enforcement

by Michael Volkov on

As more countries enter into the anti-corruption enforcement world, companies face exponential risks of detection and enforcement. Recently, Deputy Attorney General Rosenstein has commented on the need to avoid unfair...more

White Collar Crime Alert -The French Prosecutor Office has Entered into the First French DPAs for Corruption Charges

On Feb. 23, 2018, a couple of months after the first French DPA (“CJIP - convention judiciaire d’intérêt public”) in history was entered into between the French prosecutor office and HSBC Private Bank Suisse in relation to...more

Vocational Training in France: Heading Toward a ‘Big Bang’ Reform?

by Morgan Lewis on

Three numbers show the need for a deep reform of vocational training in France: the current unemployment rate is at 9.5%; one-fifth of French people of working age have a limited understanding of simple texts or elementary...more

Antitrust Alert: French Competition Authority Concludes Online Advertising Sector Inquiry And Announces Possible Further Actions

by Jones Day on

The French Competition Authority ("FCA") has published the results of its sector-specific inquiry into display online advertising. The 125-page opinion of March 6, 2018, ("Opinion") identifies potential competition concerns...more

Good news at last for the development of offshore wind projects in France

by King & Spalding on

While France had launched in 2011 a very ambitious offshore wind farm development program, aiming to reach 6 GMW of wind turbine installations at sea and of marine energies by 2020, the projects awarded in 2012 and 2014,...more

Registration of Beneficial Ownership in French Companies

by Bryan Cave on

France’s transposition of European Directive 2015/849 dated 20 May 2015 on money laundering is now in effect, with a compliance deadline of 1 April 2018. The provisions of Ordinance no. 2016-1635 of 1 December 2016...more

Hosts of health data: certified compliant!

by Hogan Lovells on

The Decree No 2018-137 of 26 February 2018 on the hosting of personal health data has been published on 28 February 2018 in the Official Journal. The Decree defines notably the arrangements for implementing the procedure for...more

Hosts of health data: certified compliant

by Hogan Lovells on

The Decree has been adopted pursuant to Order No 2017-27 of 12 January 2017 on the hosting of personal health data which substantially modified Article L1111-8 of the French Public Health Code (FPHC)....more

Recent ICO Guidelines in France and Switzerland

After our recent client alert summarizing recent U.S. regulatory developments in the crypto-world, the House of Representatives of the State of Wyoming passed HB 70, referred to as the “Utility Token Bill” and HB 19, known as...more

Macron Ordinances Allow Employers to Unilaterally Reduce the Duration of Current Mandates

The final version of the bill ratifying the Macron ordinances (Article 3 Ter) provides employers the option of unilaterally deciding, after having consulted the representative bodies concerned, to reduce the duration of...more

Tell me your name and I'll tell you… if you comply with the French Health Authority's recommendations!

by Hogan Lovells on

On 22 February 2018, the French Health Authority (ANSM) published on its website its "Recommendations to applicants and holders of marketing and registration authorisations" on the names of medicines....more

Credit support, collateral and creditors’ committees - leveraged finance deals in France

by White & Case LLP on

European Leveraged Finance Alert Series: Issue 2, 2018 - Following the release of White & Case’s 4th annual EMEA Leveraged Finance Report in January, this Alert discusses certain key legal issues when structuring leveraged...more

Investment Funds Update Europe: Legal and regulatory updates for the funds industry from the key asset management centres and...

by Dechert LLP on

AMF Study on Fees Charged in 2015 by UCITS Distributed in France - The Autorité des Marchés Financiers (the French financial regulator, AMF) conducted a study based on the fees disclosed in the KIID distributed to...more

EU Retail News - February 2018

by Bryan Cave on

Do You Need to Appoint a Data Protection Officer in Your Organisation? Under the EU General Data Protection Regulation (GDPR), any company that monitors individuals on a "large scale" or has "large scale" collections of...more

L'Agence Française Anticorruption débute une série de contrôles… êtes-vous prêts ?

L’AFA vient de démarrer une campagne de vérification (contrôle sur pièces) et a d’ores et déjà envoyé un questionnaire à de nombreuses entreprises leur demandant de répondre sous quinzaine à plus de 150 questions afin de...more

Do We Need A Truth In Advertising Act? The Industry and Retailers Self-Regulate Photoshopping Ads

Digitally altered images of models have been a controversial advertising issue for decades. In Great Britain, the Advertising Standards Authority Ltd., which is the governing regulatory advertising body, in 2011 banned...more

Large Employers in France Already Enjoying Benefits of Labor Reforms

by Fisher Phillips on

In late September, my colleague, Brian Ellixson, published a post concerning the start of a power swing, from France’s historically employee-friendly labor regime to a somewhat more employer-friendly system. Indeed, although...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

A quiet Monday appears to be leading to a busy Tuesday morning, with Qualcomm upping its bid for NXP (in a move that could help it fend off Broadcom) and Albertson’s looking to join forces with what’s left of Rite Aid Corp...more

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