France: Finance and Banking

The EU Commission Adopts Banking Package To Facilitate Lending In Response To COVID-19.

Un certain nombre de sociétés mères de groupes industriels et commerciaux se sont vues notifiées par l'ACPR récemment leur qualification de « compagnie holding mixte...

A bank that has its registered office outside the European Economic Area ("EEA") may consider establishing a presence in France in order to provide banking services to French counterparties.

2024 presented significant financial challenges. Despite global economic fluctuations and geopolitical tensions, market players demonstrated remarkable resilience and adaptability amidst...

2024 saw an improvement in the debt market in France compared to 2023. After a sluggish first half of the year, there was an uptick in activity during the second half...

The European Union ("EU") Listing Act, approved by the EU Council on October 8, 2024, introduces key changes to the EU Prospectus Regulation, offering greater flexibility to access and issue securities on EU markets for small and medium-sized enterprises ("SMEs"), including in the biotech and med-tech sector.

On March 8, 2011, France's highest court, the Cour de cassation, confirmed that CMBS borrower, Heart of la Défense SAS (Hold), and its Luxembourg parent company, Dame Luxembourg Sarl (Dame), were entitled to Court protection in France under Safeguard Proceedings (sauvegarde).

The French government took advantage of the Ordonnance on securities reform of June 24, 2004 to introduce a new category of securities called actions de préférence, or preferred shares.

Article 11 of the Finance Law for 2003, codified under Article 208-C of the French Tax Code (FTC), provides for a new tax regime to the benefit of real estate companies which are listed on a French stock exchange. This tax regime (the SIIC Regime) exempts from French corporate income tax, subject to certain distribution requirements, rental income earned by such companies as well as capital gains that they realize on the sale of real estate assets, shares in real estate partnerships which are tr

New standardized documentation will allow market participants to rely on up-to-date and robust documentation for repurchase transactions, in line with international standards.

La loi de finances pour 2025, adoptée mercredi dernier sous réserve du contrôle de constitutionnalité, introduit une réforme substantielle des "management packages" destinée à en sécuriser le régime fiscal et social.

On 17 June 2025, the European Central Bank (ECB) published a press releaseShow Footnote confirming the successful launch of the Eurosystem Collateral Management System...