Pages

19 October 2011

New simplification omnibus in French Parliament

Yesterday, the National Assembly adopted in first reading a new bill (tabled from the floor) for the "simplification of the law." This is the fourth text since the beginning of the mandate of this parliament. The text is geared to improve the legal environment for business, especially SMEs. The Opposition calls the omnibus a heterogeneous compound that far from improving the situation, will further cloud the issue. Specially interesting items (listed at the top of the online dossier) are company law simplifications and a streamlined payslip. The bill still  needs to get Senate approval (tip from M. Hainque). For background, see joint previous post, and joint article by M. Hainque and C.H. Montin.

No comments:

Post a Comment