France

Mandate roundup: FRR launches €5.5bn RFP; ICGN reviews guidance

France’s pension reserve fund has tendered out 11 active management mandates for euro-denominated investment grade corporate bonds and high yield bonds for €5.5bn in total. The current corporate bond mandates are due to expire next year, while Fonds de réserve pour les retraites (FRR) has previously gained exposure to high yield bonds by subscribing directly to investment funds. Anne-Marie Jourdan, ...

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France: COVID-19: Adjustment Of The Rules Of Public Procurement

Article 11 of Act no. 2020-290 of 23 March 2020 on emergency measures to deal with the covid-19 epidemic (the “Covid-19 Act“) authorises the Government to issue an ordinance within three months following its enactment in order to take all necessary measures to tackle the covid-19 health epidemic crisis. The Government is also entitled to take retroactive measures that may apply as ...

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