Regulation (EU) 2023/1114 of the European Parliament and of the Council of May 31, 2023 on MiCA (Markets in Crypto-Assets), Règlement (UE) 2023/1114 du Parlement européen et du Conseil du 31 mai 2023 sur les marchés de crypto-actifs, adopted by the European Parliament and the Council on May 31, 2023, came into force on December […]
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Article L. 320-1 of the French Internal Security Code, (sécurité intérieure “CSI”) sets out the principle of a total ban on lotteries: “games of money and chance are prohibited”. According to Ordinance no. 2019-1015 of October 2, 2019 reforming the regulation of gambling and games of chance (régulation des jeux d’argent et de hasard), four […]
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On foreign companies with real estate predominance A company is considered to have a real estate predominance if the value of its real estate assets exceeds 50% of the value of all its assets. Article 4 B of the French General Tax Code (Code Général des Impôts) provides that “the managers of companies whose headquarters […]
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Here are some important rules on inheritance in France. 1-WHO ARE THE HEIRS IF THE DECEASED WAS MARRIED? A) Priority children: In the absence of a will, the deceased’s assets are distributed according to the legal rules. Children have priority. They exclude other members of the deceased’s family, except the surviving spouse, with whom they […]
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The fundamental importance of regulated agreements lies in their preventive role and protection of the social interest. These agreements make it possible to anticipate and prevent possible conflicts of interest, while guaranteeing the protection of the collective interest of the company. Aware of this issue, the legislator has thus instituted a specific procedure, known as […]
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As of June 30th 2024 the MiCA EU Regulation 2023/1114 has entered in force in the matter of stablecoins (ARTs and EMTs) governed by its Title III and Title IV (Articles from 16 to 47 and from 48 to 58, respectively). The MiCA Regulation adds the third category as well – “Other cryptoassets”, that are […]
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