CASE COMMENTS: REGULATION – FINANCIAL MARKET AUTHORITY – RELEASES – ADMINISTRATIVE COURT

Financial markets: The French Tribunal of Conflicts establishes the competence of the administrative court to control the releases of the French Financial Market Authority (Fairvesta International)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 16 November 2015, the Dispute Tribunal decided that the administrative judge is competent to hear disputes relating to press releases published by the Autorité des marchés financiers (AMF) for the attention of investors and savers. It ruled on a referral from the Conseil d'État, which considered that it was facing a serious difficulty regarding its jurisdiction to rule on a dispute between companies and the AMF. Some companies asked the administrative court to annul the AMF press releases published by the AMF concerning them and to award compensation for the loss suffered as a result of their publication. Once again, disputes between independent

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  • University Paris II Panthéon‑Assas

Quotation

Francesco Martucci, Financial markets: The French Tribunal of Conflicts establishes the competence of the administrative court to control the releases of the French Financial Market Authority (Fairvesta International), 16 November 2015, Concurrences N° 1-2016, Art. N° 77940, pp. 208-209

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