Estimated reading time (in minutes) The advice and warning obligations of the banker providing credit were not clearly defined due to a difference between the commercial and civil chambers of the Court of Cassation. By judgments of June 29, 2007, the Mixed Chamber...
Estimated reading time (in minutes) The subprime crisis also reflects an information crisis. This crisis confirms that information on financial risks is, at best scarce, at worst misleading, because of the off-balance sheet and the securitization which allows a...
Temps de lecture estimé (en minutes) Banking regulation and stock market regulation are both based on checks on the regularity of the projects submitted to them. That said, their decisions may be different, given the standards that each must apply, but also their...
Estimated reading time (in minutes) For a decade, the first civil chamber and the commercial chamber disagreed on the issue of the liability of credit providers for granting credit deemed excessive in relation to the borrower’s repayment capacity. As early as...
Estimated reading time (in minutes) Bancassurance can be defined either from a functional point of view or from an institutional point of view. The first is understood as financial services integrating banking and insurance products The second deals with the way in...
Estimated reading time (in minutes) Additional supervision of credit institutions and investment firms. Directive 2002/87/EC aims to strengthen the supervision of financial groups which carry out their activities in several financial sectors, and frequently in...
