At the beginning of each year, during the presentation of her New Year’s wishes to the press, the President of the Financial Markets Authority (AMF) unveils the latter’s new priorities
Companies with at least 11 employees not subject to mandatory profit-sharing : new requirements on sharing profits for 2025
The bill n°2023-1107 passed in France on November 29th, 2023 concerning profit sharing with employees imposes new requirements on companies whose workforce is at least equal to 11 employees and
Boosting the Paris financial center’s attractivity by diversifying and simplifying formalities for business financing
After 3 months of parliamentary debates, law no. 2024-537 aimed at increasing business financing and France’s attractiveness as a financial center was adopted on June 13, 2024 (the “Attractiveness Law”).
MiCA Regulation: licensing applications as Crypto-Asset Service Providers are now open with the AMF
Regulation (EU) 2023/1114 of 31 May 2023, known as the MiCA Regulation, which establishes the legal framework for crypto-asset services (previously referred to under French law as digital assets –
New European Anti-Money Laundering Authority: what are the expected impacts on the financial sector?
Located in Frankfurt, the new European Authority for Anti-Money laundering and Countering the Financing of Terrorism (AMLA) is due to start its first supervisory and sanctioning missions by mid-2025, except
The European Union suggests strengthening the harmonization of the AML/CFT legal framework
Since the early 1990s, the European Union (hereinafter referred to as the “EU“) has implemented a framework for combating money laundering and terrorist financing (hereinafter “AML/CFT“), which has been tested
The AMF unveils its action plan and priorities for 2024
On 18 January 2024, the Authority of Financial Markets (AMF) unveiled its action plan and supervisory priorities for 2024 (including its new SPOT control priorities). This regular meeting, which is
The Ordinance on Credit Servicers and Purchasers introduces a new regulated profession at the service of banks and borrowers
For credit institutions, the management and restructuring of their non-performing loans (“NPLs”) and the possibility to sell these NPLs are essential to preserve financial stability, by reducing their balance sheets
Green Industry Law offers new opportunities in terms of savings and retirement savings plans
French Law No. 2023-973 of 23 October 2023 on the green industry (the “Law”) has been published in the Official Journal of the French Republic No. 0247 of 24 October
New European directive on consumer credit: towards a more protective and harmonized European credit market
Directive (EU) 2023/2225 of 18 October 2023 on credit agreements for consumers (the “Directive“) was published in the Official Journal of the European Union on 30 October 2023. The Directive