Transfer of value in France: publication of the regulatory provisions specifying the ceilings above which an authorization from the authorities is required

Written By

alexandre vuchot module
Alexandre Vuchot

Partner
France

I'm a partner in our international Commercial group, based in Paris, where I provide our clients with strategic commercial advice.

An important change to the new regime governing transfer of value to HCPs, students and associations will enter into force on 1 October 2020. This change involves the submission procedure to the authorities, which will now differ depending on the value of the advantage in question:

– a declaration procedure for advantages under the ceilings set by a regulatory text (arrêté),

– an authorization procedure for advantages above said ceilings.

For further information on the new legal regime, see our previous post – here – analysing the “anti-gift decree” published last June.

The regulatory provisions (“arrêté”) specifying said ceilings have been published on 14 August.

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