ARTICLE
7 September 2015

Banking Law

F
Fieldfisher

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Fieldfisher is a European law firm known for its market-leading practices in technology, financial services, energy, and life sciences. With a focus on client collaboration, innovation, and social responsibility, the firm integrates cutting-edge legal technologies and provides tailored solutions. Fieldfisher’s global presence spans Europe, the US, China, and international partner firms, allowing seamless cross-border services. Recognized for excellence, Fieldfisher holds high rankings in dispute resolution, M&A, and IP, and has a strong commitment to environmental, social, and governance (ESG) leadership. The firm operates with over 1,800 professionals across 23 offices in 12 countries.

The Macron Law facilitates banking mobility for individuals and access to credit for businesses.
France Finance and Banking

The Macron Law facilitates banking mobility for individuals and access to credit for businesses.

  • The easing of banking mobility conditions

    • The conditions related to banking mobility for individuals have been considerably eased. At the same time, credit institutions are now subject to an obligation to provide their customers with access to free and unconditional documentation on banking mobility.
  • The introduction of inter-company credit

    • Conditions for inter-company credit have been introduced, allowing certain corporate forms (SAS or SARL under French law) whose accounts are certified by an auditor, to grant short-term loans (less than two years) to micro-enterprises, SMEs or medium-sized companies with which they have economic links that justify it. These loans are to be subject to a specific contract and will not be subject to securitization.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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