Flash Partial Activity The Administration’s clarifications

As part of the state of health emergency, the Government has adopted a series of exceptional measures to support businesses. Thus, the Government has extended the partial activity scheme to cover 100% of the compensation paid to employees by companies, up to 70% of 4.5 SMIC. Difficulties, particularly procedural, have arisen regarding the implementation of […]

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Temporary flexibility in the dates for submission of European prudential reporting statements, additional national requirements and public disclosure in the insurance sector

The European Insurance and Occupational Pensions Authority (EIOPA) believes that insurance companies should currently focus their efforts on monitoring and assessing the impact of the situation caused by the health crisis and ensuring their operational continuity. On 20 March this year, the EIOPA issued three recommendations concerning a relaxation of the dates for submitting European […]

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Banks facing ACPR call and ECB recommandations not to pay dividends

The Autorité de contrôle prudentiel et de résolution (ACPR) issued a statement on 30 March 2020 calling on credit institutions under its direct supervision and finance companies to refrain from distributing a dividend in the context of theCOVID-19 pandemic[1]. This appeal is in line with the injunctions expressed to date by the Minister of the […]

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Renewable energies facing the health and social emergency

To deal with the covid-19 epidemic, the emergency law n° 2020-290 of 23 March 2020 to deal with the covid-19 epidemic was adopted on 23 March. In order to respond to the legal issues arising from the economic impact of this period of crisis, no less than 26 ordinances were published in the Official Journal […]

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The Court of Justice of the European Union adapts in the light of the health crisis related to the Covid-19 pandemic

If its activity continues, it treats emergency, expedited and summary proceedings as a priority. Regarding procedural time limits: The time limits for lodging appeals and appeals shall continue to run and the parties shall adhere to them ; The time limits prescribed in ongoing proceedings – with the exception of the above-mentioned procedures – as […]

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AMF and ACPR Alert to savers

In a press release dated 26 March 2020, the Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) warn investors against the risk of scams in the context of the coronavirus epidemic (Covid-19)[1]. The joint press release states that “as part of their respective missions to protect savings and […]

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Coronavirus: Flash about the Ordinances published on April 2, 2020

On Wednesday 1 April, the Council of Ministers adopted new ordinances to deal with the covid-19 epidemic. These orders issued on April 2, 2020 include emergency measures regarding: staff representative bodies, vocational training, the payment of the exceptional purchasing power bonus, the postponement of the ballot to measure the trade union hearing of employees in […]

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Order No. 2020-319 of the 25th March 2020 on various measures for adapting the rules for the award, procedure or execution of contracts subject to the code of public procurement and public contracts that do not fall under it during the health crisis caused by the Covid-19 epidemic

This order applies to contracts subject to the public procurement code as well as to public contracts that are not subject to it, in progress or concluded during the period from the 12th of March 2020 until the end of the state of a health emergency, increased by a period of two months. This applies […]

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CORONAVIRUS: Flash on the Partial Activity Ordinance of 27 March 2020

In addition to Decree No. 2020-325 of 25 March 2020 facilitating the use of partial activity for all companies, an order relating to partial activity was issued pursuant to Article 11 of the Emergency Law of 23 March 2020 to deal with the covid-19 epidemic. The ordinance n° 2020-346 of 27 March 2020 was published […]

Paris

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