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ARTICLE · 09 APRIL 2026

French CRD VI Transposition—a First Milestone Reached

A&O Shearman
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On April 9, 2026, the French legislator published Ordinance No. 2026-255 of April 8, 2026 transposing Directive (EU) 2024/1619 (CRD VI) into French law (available here—French only)...

FranceFinance and Banking

On April 9, 2026, the French legislator published Ordinance No. 2026-255 of April 8, 2026 transposing Directive (EU) 2024/1619 (CRD VI) into French law (available here—French only) (French CRD VI Transposition). On April 9, 2026, the French legislator published Ordinance No. 2026-255 of April 8, 2026 transposing Directive (EU) 2024/1619 (CRD VI) into French law (available here—French only) (French CRD VI Transposition). 

Delayed by three months beyond the original January 10 deadline, this long-awaited reform addresses three key areas: (i) the conditions under which third-country banks may operate in France (see previous A&O Shearman article on EU law aspects); (ii) the strengthening of governance requirements, including the integration of environmental, social, and governance (ESG) risks into prudential supervision and governance arrangements; and (iii) new notification and approval requirements for M&A transactions involving credit institutions, Class 1a and Class 1b investment

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