Decree No. 2058-1057 of November 29 2018 on
foreign investments subject to prior approval
France, who in recent years has been relatively open to overseas
investors, has extended its control over foreign investment into
certain 'sensitive' industries, particularly the IT,
cybersecurity, communication and technology sectors.
Extension of the relevant activities
The sectors, listed in Articles R.153-2 of the French Monetary
and Financial Code, are considered sensitive either because they
contribute to the exercise of public authority, or because they
represent a significant risk to the national interest with respect
to public order and security, or to national defence.
The decree of 29 November 2018, which came into effect on 1
January 2019, extended the range of activities that are considered
as sensitive by adding:
