It was a real pleasure to chair this Paris EUROPLACE Review on the « Attractiveness of Paris Financial Center »
The Paris Financial Center already benefits from a diversified and
dynamic ecosystem to support market financing for French and
international companies, in addition to bank financing, and from an
adapted regulatory environment, with a very high level of
professionalism and efficient execution by regulatory authorities.
Paris now has a rapidly growing number of Initial Public Offerings
(IPOs), while benefiting from a favourable framework for the
development of innovative financing tools (particularly the Special Purpose Acquisition Companies – SPACs) and hosting headquarters.
With this Paris EUROPLACE working group, we looked for initiatives that would
make the market even more attractive. And based on the numerous
hearings carried out, we finally proposed 40 recommendations grouped around four main axes:
* Strengthen the position of Place de Paris in Growth Equities and
Tech investors
* Develop ESG (Environment, Social, Governance) investment:
sustainable finance in Europe represents 7% of outstandings in 2020
(twice more than in 2018) and 42% of net flows (compared to 20% in
2018) under management.
* Consolidate the attractiveness of the regulatory and fiscal framework of the Paris market.
* Promote at international level, the numerous recent reforms engaged
by the Place de Paris and its positioning in listed Tech.
Do not hesitate to take a detailed look at our attached 1proposals