France

Officially known as the French Republic, France is comprised of the territory of metropolitan France and smaller overseas regions and territories; including, French Guiana in South America and smaller islands in the Indian, Atlantic, and Pacific Oceans, make up the French Republic.

The country has long been known as a global center of art, science, and philosophy. Today, over 83 million tourists visit the country annually, making it the most visited country in the world. The country has the fifth largest economy based on nominal GDP, and the ninth largest purchasing power parity (PPP). Health, education, human development, and life expectancy rates, are all areas which the country performs well in, on international rankings. France is also one of the five permanent members, with the power to veto, of United Nations Security Council, making it one of the great global-powers. It is also an official nuclear state.

France is a leading member of the European Union and Eurozone. It is a member of NATO, the WTO, Group of 7, and the Organisation for Economic Co-operation and Development. France relies on civil legal systems to govern the country. The country is governed by statutes, and judges don’t make law, but simply enforce it in the country. The Declaration of the Rights of Man and of the Citizen strongly govern the country, with the belief that laws should be used to prohibit actions which are detrimental to society.

 

As a founding member of the United Nations, the country has strong diplomatic ties with many nations. The country is a major hub for international trade, and is the world headquarters for many headquarters for organizations including OECD, Interpol, and UNESCO. The country has close ties with reunified Germany; the country has also maintained the "Entente cordiale" with the United Kingdom. The French economy is strongly driven by its trade market. 31 of the the world’s 500 largest organizations are located in France, meaning the country is ranked fourth in the Fortune 500 worldwide. Financial services, the insurance sector, banking, and the Stock Exchange, are all major economic-drivers for the country. In 2007, Euronext (French Stock Exchange) merged with the NYSE in the US, making it a part of the world’s largest market.

Areas of French law addressed include: mergers and acquisitions; private equity; banking and finance; derivatives and market infrastructure; projects and infrastructure: restructuring and insolvency; real estate; environmental, nanotechnology, health and safety; pharma, tax; E.U. and French competition law; French public and administrative law; commercial litigation; global disputes; intellectual property; information technology, cybersecurity and data protection; supply chain; block chain;  employment law and benefits and other legal concerns.  Our French legal news includes matters of concern to a number of industries, including automotive, oil and gas, energy, tech companies, mining, chemicals, nanomaterials, pharma, financial services, telecommunications and many more.

The NLR covers legal news concerning:

  • the French Supreme Court;
  • International Centre for Settlement of Investment Disputes (ICSID);
  • Euronext Paris;
  • CFIUS Filings;
  • EU General Data Protection Regulation (GDPR);
  • the French Data Protection Authority (CNIL);
  • the French Competition Authority;
  • the French National Drug and Health Product Agency  (ANSM);
  • the European Market Infrastructure Regulation (EMIR); 
  • the French Monetary and Financial Code; 
  • the French financial markets authority Autorité des marchés financiers; 
  • the French Minister of the Economy;
  • French Law relating to Transparency, the Fight against Corruption and Modernization of Economic Life, (Sapin II Law);
  • the Autorité de contrôle prudentiel et de resolution;
  • the French Treasury and French supervisors (Banque de France, Autorité de contrôle prudentiel et de resolution, and Autorité des marches financiers) and the interaction between French law and E.U., U.S.and other jurisdictions legal systems.
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Jan
16
2016
Class Actions Finally Introduced into French Health Law Covington & Burling LLP
May
13
2016
Transparency and Conflicts of Interest: France Heading Towards Additional Healthcare Reforms Covington & Burling LLP
Sep
30
2014
Africa Sees Opportunities in Islamic Finance Covington & Burling LLP
Dec
15
2014
French Competition Authority adopts Broad View on Online Sales Market Covington & Burling LLP
Jun
4
2016
Right to be Forgotten – French High Courts Disagree Covington & Burling LLP
Aug
9
2017
Advocate General Opinion on Software Medical Devices Covington & Burling LLP
Jun
10
2014
G7 Leaders Tackle Growth, Stability and Tax Bases; Warn Absent Russia Covington & Burling LLP
Jun
21
2016
French Data Protection: CNIL and EDPS Launch Public Consultations Covington & Burling LLP
Nov
29
2016
Electoral Volatility – The Case of France Covington & Burling LLP
Jun
8
2018
The Week Ahead in the European Parliament – June 8, 2018 Covington & Burling LLP
Jan
21
2015
New French Rules On Off-Label Use Covington & Burling LLP
May
12
2017
President Macron and the Brexit Negotiation Covington & Burling LLP
Jun
29
2018
What Companies Need to Know About France’s Loi Sapin II Anti-Corruption Law Covington & Burling LLP
Dec
17
2020
UPDATE: Luxembourg Extends COVID-19-Related Amicable Agreements with Neighboring Countries Epstein Becker & Green, P.C.
Sep
14
2020
Luxembourg’s Teleworking Agreements with Neighboring Countries Remove Tax and Social Security Burdens During the COVID-19 Pandemic Epstein Becker & Green, P.C.
Feb
10
2021
COVID-à manger: COVID-19 Takes a Bite out of French Lunch Traditions Epstein Becker & Green, P.C.
Dec
15
2016
Beware French Employees’ Remedy for Damage to “Individual Interests” Squire Patton Boggs (US) LLP
Feb
24
2017
Saliva tests, breathalysers, protection of whistleblowers: time for employers in France to update their internal rules Squire Patton Boggs (US) LLP
May
23
2017
French Social Contribution Refund for Unvested Free Shares? Squire Patton Boggs (US) LLP
Sep
7
2017
Weekly Data Privacy Alert August 28, 2017 Squire Patton Boggs (US) LLP
Dec
5
2017
A New French Scientific Committee For Cybersecurity of Medical Device Software Squire Patton Boggs (US) LLP
Jun
14
2021
New Competition Regulations Aimed at Big Tech Squire Patton Boggs (US) LLP
Oct
21
2021
Cartel Allegations in France Regarding the Concealed Use of Bisphenol A In Food Packaging Squire Patton Boggs (US) LLP
Feb
9
2022
The Jump Off: Two Equestrian Leagues Continue To Go Head To Head Squire Patton Boggs (US) LLP
Oct
8
2015
Tips for Heated Redundancy Consultation Meetings – Keep Your Shirt On re: AirFrance Redundancies Squire Patton Boggs (US) LLP
Mar
9
2016
France Publishes Final List of 19 Specialised Insolvency Commercial Courts Squire Patton Boggs (US) LLP
Dec
6
2017
CNIL Releases Software Tool For DPIA Squire Patton Boggs (US) LLP
Feb
18
2019
Unexpected win for English football enthusiasts around the EU and heavy defeat for rights holders’ wallets Squire Patton Boggs (US) LLP
Jun
1
2020
Responding to Financial Crime Risks During COVID-19 Squire Patton Boggs (US) LLP
Jul
27
2020
Transatlantic Trade: US and European Trade Talk Update – July 27, 2020 Squire Patton Boggs (US) LLP
Oct
25
2021
Transatlantic Trade | US and Europe – Week of October 18, 2021 Squire Patton Boggs (US) LLP
Oct
25
2022
When AI-powered Tools Bring (EU) Privacy Troubles – Biometric Templates Identify First Squire Patton Boggs (US) LLP
Feb
8
2023
Potential Impact on the French Legal System of the Draft EU Directive to Harmonise Insolvency Laws Squire Patton Boggs (US) LLP
Oct
28
2015
ISS Proposes Changes to Guidelines in France, Canada and Brazil Squire Patton Boggs (US) LLP
Feb
28
2017
France Adapts its Rules on Media Buying to Digital Media Squire Patton Boggs (US) LLP
 

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