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Paris financial marketplace

17 Dec 09
Variable compensation : French banks draw attention to the dangers of a unilateral measure
French banks regret the unilateral implementation in France of a special tax on bonuses. French banks were the first to implement variable compensation for financial market professionals and are an example, as they are currently the only ones to have applied all the regulations issued for 2009 by the G20.

6 Nov 09
Variable compensation of financial market professionals : Implementation of the French system
The FBF (French Banking Federation) has published the professional operating rules referred to in the government regulation of the 3rd of November 2009 relating to the compensation of personnel whose activities may have a material impact on banks' risk exposure, and which clarify the provisions therein.

26 Aug 09
The French banks take action - progress made with variable compensation - rise in loan outstandings despite the economic environment
In a meeting at the Elysée Palace today, French bank directors put forward their proposals for the variable compensation of financial market professionals.

07 Feb 09
Press release - FBF adopts common guidelines on the compensation of financial market professionals
The French Banking Federation (FBF) has endorsed the conclusions of the working group on the compensation of financial market professionals.

02 June 08
Leaflet - Corporate and investment banking in France
Corporate and investment banking in France: key players, activities, figures...
23 May 08
FBF and AFEI mobilise to make Paris a modern and leading financial centre
The French Banking Federation and AFEI, the French association of investment firms, are extremely pleased that Paris will be hosting the 33rd Annual Conference of the IOSCO, which will be held from May 26 to 29 and attended by financial market regulators from all over the world.
03 Jan. 08
The FBF will fund five university research chairs in 2008
On 3 April 2007, the FBF announced its intention to begin funding five university research chairs in 2008 to encourage research and education in investment banking and financial markets. The FBF plans to invest 6.5 million euros over five years.
03 Jan. 08
The "Finance Innovation" cluster is born
The FBF welcomes the government’s decision to grant cluster status to “Finance Innovation” at the 5 July meeting of the CIACT, the inter-ministerial committee charged with promoting economic development and competitiveness. This decision is of major importance to Paris banks and financial institutions, since it offi cially acknowledges that investment banking and capital markets is a high value-added industry that plays a key role in ensuring economic strength and competitiveness.
03 Jan. 08
A High-level Committee to make Paris more competitive
On June 12, 2007, representatives of the financial services industry met with the President at the Elysee Palace for a round-table meeting. At the meeting the President emphasised how important the banking and financial services industry is to the French economy and employment and announced a plan to make Paris a more competitive financial centre