France softened the regulation on the prior authorization of foreign investments

On 9 May 2012, the decree n°2012-691 of 7 May 2012 on foreign investments subject to prior authorisation entered into effect. The decree further specifies the scope of the sectors in which foreign investment is subject to prior authorisation and abolishes all reference to the notion of indirect control by an investor.

• Type:

  • Entry and establishment (Approval and admission)

• Industry:

  • Not industry specific

• Sources:

  • LE SERVICE PUBLIC DE LA DIFFUSION DU DROIT, Décret n° 2012-691 du 7 mai 2012 relatif aux investissements étrangers soumis à autorisation préalable , http://www.legifrance.gouv.fr/affichTexte.do;jsessionid=BBC436D5445D27B669472B45090C9AF8.tpdjo10v_1?cidTexte=JORFTEXT000025823620&categorieLien=id, 07 May 2012
  • Hogan Lovells, French Legal and Regulatory Update - May 2012 , http://www.hoganlovells.com/files/Publication/2632a83e-6899-469d-9fac-3dc3c2f92198/Presentation/PublicationAttachment/7c3d6377-d968-4488-87c3-4217d7c307f8/PARLIB01-%231199484-v1-French_Legal_and_Regulatory_Update_-_May_2012.pdf, 25 May 2015
  • Lexology, Amendment of the regulation on the prior authorization of foreign investments in France , http://www.lexology.com/library/detail.aspx?g=5fd6a634-4c91-473e-9e32-2ca6cb6079ff, 31 May 2012