From the summit to the coast: investing in tourism at a crossroads

Between adapting to climate change and the quest for meaning, tourism is redefining itself. For responsible investors, this changing sector offers ...
/ Avis d'expert, Partnership
Frank Martin Laprade

The importance of vocabulary in quasi-criminal matters

In 2021, the Enforcement Committee of the AMF (Autorité des marchés financiers) imposed a fine on a German company and ...
/ Avis d'expert, Regulation

The French Constitutional Council validates the GAFA tax: what are the implications for investors?

In its decision no. 2025-1157 QPC of 12 September 2025, the French Constitutional Council ruled that the ...
/ Avis d'expert, Regulation

New legislation and debt collection

In a ruling handed down on 10 September 2025, the French Supreme Court (Cour de cassation) clarified the conditions under which the ...
/ Avis d'expert, Regulation

ESG at a crossroads

Against a backdrop of geopolitical and economic uncertainty, the year 2025 will continue to be marked by a number of 'Omnibus' proposals from the Commission ...
/ Avis d'expert, Regulation

Space defence, the emergence of a strategic sector

Expert opinion from Christophe Pouchoy, international thematic equity manager, La Financière de l'Échiquier (LFDE). 1,000 billion dollars. That's ...
/ Avis d'expert, Partnership

ETN crypto: a listed product between financial innovation and regulatory uncertainty

Crypto ETNs offer retail investors exposure to cryptocurrencies via the stock market. They are innovative but complex products, and are still regulated ...
/ Avis d'expert, Regulation

European growth champions: between solid fundamentals and an unjustified discount

In the face of geopolitical tensions and the historic downturn in European markets, our strategy focuses on sector leaders capable of ...
/ Avis d'expert, Partnership

Companies and foreign nationals targeted by new U.S. Department of Justice directives

On 9 June 2025, the US Department of Justice ("DOJ") lifted the temporary suspension of prosecutions under the ...
/ Avis d'expert, Regulation

Is tokenisation a game-changer for the international monetary system?

Opinion column by Agnès Bénassy-Quéré, Second Deputy Governor of the Banque de France. According to a speech given at the Global Financial Architecture conference ...
/ Avis d'expert