On 7 June 2019, the amended Capital Requirements Directive (CRD V) and Capital Requirements Regulation (CRR II) were published in the Official Journal of the European Union. The legislation will
Financial Services Reward Update – CRD V and CRR II
European Union Prospectus Regulation for non EU issuers
Don’t forget… The European Union Prospectus Regulation 2017/1129 (EUPR) came into effect on 21 July 2019. You can refer to our previous briefing on this here. What’s changed? Under Article
French Equity Savings Plan (PEA) & Brexit – Which impact on funds invested in British securities?
The 6 February 2019 French government Regulation on measures to prepare for the Brexit with regard to financial products mitigated the consequences of a withdrawal without agreement on the eligibility
2018 Social Security Draft Bill: The employer contribution due on French qualified free shares may be set at 20% again
The 2018 social security draft bill has been presented by the French government on October 11th 2017 and is currently being discussed by the French Parliament. This draft bill amends
2018 tax proposals affecting employment announced
The highly-anticipated finance bill for 2018 presented by the French government on 27 September 2017 contains a number of employment-related measures affecting both individuals and companies. The bill will be
Is the systematic inclusion of trust assets in the wealth tax base of the settlor unconstitutional?
Is compliant with the constitutional principle of equality of citizens before charges levied by the State (i) the systematic inclusion of trust assets in the wealth tax base of the
What timelines for 2017 French Qualified Equity Plan Reporting?
You grant qualified free shares or stock-options pursuant to the French commercial code and these awards benefit from the corresponding qualified special tax and social treatment in France. The exemption
Estate & investments income tax reform as from 2018
On July 12, 2017, the French Prime Minister, Edouard Philippe, confirmed the entry into force, as from 2018, of the tax reforms awaited by the investors notably since their announcement
The new withholding tax system and its impact on holders of shares in real estate funds
In the field of individual taxation, the new Finance law for 2017 introduces, with effect as from 1 January 2018, a withholding tax mechanism in France for the taxation of
Constitutionality of the employer contribution payment date for qualifying free share award regime pre August 8, 2015?
On February 8 and 9, 2017, the Conseil d’Etat (the French Council of State) and the Cour de cassation (the French supreme court of appeal) have referred to the Conseil