#2024-364Adaptation of French Law to EU Regulations in Various Sectors
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The law aligns French regulations with European Union standards in areas such as alternative fuel infrastructure, product safety, financial transactions, and corporate governance. It introduces penalties for non-compliance, mandates equitable gender representation in company boards, and strengthens regulations on online services and investment disclosures. Companies involved in sectors such as energy, commerce, and finance need to comply with these updated standards.
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Key Changes
- Penalties for non-compliance with EU alternative fuel infrastructure regulations
- Mandate for gender balance in corporate boards
- Enhanced regulations for online services and investment disclosures
Obligations
What this law requires
Comply with Articles 5 (paragraphs 1-6, 9), Article 7, and Article 19(c)(1) of EU Regulation 2023/1804 regarding alternative fuel infrastructure deployment
Ensure products destined for or reasonably foreseeable to be used by consumers comply with EU Regulation 2023/988 on general product safety
Manufacturers and importers must implement measures specified in Article 9(8) and Article 11(8) of EU Regulation 2023/988 regarding product safety monitoring and corrective actions
Online marketplace providers must comply with obligations specified in Article 22(12) of EU Regulation 2023/988
Failure to comply with alternative fuel infrastructure obligations (Article L. 132-29) is subject to administrative fines up to €15,000 for individuals and €75,000 for legal entities