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International Regulatory Enforcement (PHIRE)

Foreign Investment Control in France: A Strengthened Regime

January 17, 2020

By Sébastien Crepy, Stanislas Offroy & Adèle Patinier

The French foreign investment control regime has been recently adjusted. The list of “sensitive sectors” has been extended and criteria regarding the submission of a foreign investor to prior authorization have been clarified. Greater enforcement powers have also been granted to the French Ministry of Economy and Finance.

  • Extension of the scope of French regulation in the foreign investment control regime: new sensitive/strategic activities. Simplification of the preliminary request proceeding.

  • Greater enforcement powers granted to the French Ministry of Economy and Finance (administrative/provisional sanctions and financial penalties).

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