CASE COMMENTS: REGULATION – SOFT LAW – ACTS – CONTROL

Financial markets: The French Supreme Administrative Court controls the legality of press releases published by the French Financial Regulatory Agency (Fairvesta International)

*This article is an automatic translation of the original article in French, provided here for your convenience. Read the original article. In a ruling dated March 21, 2016, the Conseil d'État, in its capacity as a General Meeting, reviewed the legality of a soft law instrument enacted by the Autorité des marchés financiers (AMF). In this case, a company had brought an action for abuse of power against press releases published by the AMF for the latter's refusal to rectify the content of the said press releases. It also sought compensation for the loss resulting from these press releases. The content of the press releases From 2009, the German company Fairvest International offered French investors real estate investment products in the form of equity investments in limited

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  • University Paris II Panthéon‑Assas

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Francesco Martucci, Financial markets: The French Supreme Administrative Court controls the legality of press releases published by the French Financial Regulatory Agency (Fairvesta International), 21 March 2016, Concurrences N° 2-2016, Art. N° 79062, pp. 198-199

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