International Regulatory Enforcement (PHIRE)

Foreign Investment Control in France: New Derogatory Regime Applicable to Foreign Investment in French Public Companies

July 24, 2020

Sébastien Crepy & Nicolas Lovas

Recent reforms on foreign investments control in France have contributed to a substantial evolution of its regime and, in particular, to strengthening its implementation. While Decree No. 2018-1057 of November 29, 2018 initially eased the prior authorization procedure for investment by introducing a preliminary written request to the French Ministry of Economy and Finance (the “Ministry”) for both the French target company and the foreign investor, strengthening of the foreign investments control in France has been intensified.

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