AMF et ACPR : analyse comparative des procédures de contrôle et de sanction – Bulletin Joly Bourse, 01/01/2022


On September 27, 2021, the AMF published an update of its investigation and control charters. The ACPR, for its part, has not revised its charter for conducting an on-site inspection mission since June 2014, which, for example, still mentions in the introduction that the ACPR is an AAI, even though its status changed with Law No. 2017-55 of January 20, 2017 to become the banking and insurance supervisory body, backed by the Banque de France.


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Our last publications

The takeover of April pushes the AMF to clarify the notion of action in concert – L’Agefi Quotidien, 07/06/2022. Quote from Frank Martin-Laprade

Is there concerted action when several companies of the same group make share purchases during an offer period? Last Friday, the AMF’s Enforcement Committee examined the share purchases of several structures of the Burrus group during CVC’s takeover bid for the insurer April in July 2019. Bruno de Roulhac reacts for Agefi to the plea […]



Russian counter measures : recent developments (update June 1st, 2022)

Russia adopted a series of counter measures in May. The President issued a decree establishing a special procedure for performance of obligations towards foreign intellectual property owners. The decree targets a range of IP owners establishing that the payments are to be made in roubles to a special account in an authorized Russian bank. The […]

Moscow Desk, Paris


The French Tech Next40 2022: a Legal Survey

Equity financings by French start-ups and scale ups have reached record levels in the past few years, both in volume and value. We thought that it would be interesting to review the publicly available corporate documents on a selection of the most successful amongst them, to see what lessons we could learn objectively about “what’s […]



Arbitration: a Poker Game? – Le Monde du droit, 05/11/2022

Thierry Lauriol, Partner, and Joséphine Hage Chahine, Associate (Arbitration, Energy and Mining Department) explain arbitration as a method of dispute settlement by which the mission of deciding the dispute is entrusted by the parties to one or several persons called “arbitrators” and on its financing.



The adoption of a regulatory framework for hydrogen – Destination climat, 04/01/2022

In the first issue of Destination Climat, Adrien Fourmon discusses the challenges of the new regulatory framework for hydrogen. “The hydrogen market is in the process of defining its legal framework, while many local authorities are planning to set up hydrogen production and distribution infrastructures on their territory. Following European advances, France is progressively adopting […]