France | Global Equity Organization

IN-PERSON CHAPTER EVENT

19 March 2024, 6 - 9pm CET

FRANCE CHAPTER MEETING

Paris, France

France

RETROUVEZ-NOUS POUR LA PREMIÈRE RÉUNION DU FRENCH CHAPTER EN 2024 !

Réservez la date du 19 mars 2024, à partir de 18h.

Au cours de cette session, passerons en revue différents points d'actualité de l'environnement des plans d'actionnariat, avec des focus sur :

Les principaux enseignements pour les émetteurs de la loi 2023 sur le partage des valeurs en entreprises
Le point sur les modalités de remboursement des cotisations patronales sur les attributions de stock-options
Les éléments pratiques à avoir en tête pour la prochaine saison de déclaration d'impôts française sur les gains des plans LTI

L'événement sera suivi d'un cocktail offert par la Banque Transatlantique.

Lieu :
Hôtel le Marois - France Amériques
9-11, Avenue Franklin D. Roosevelt
75008 Paris

Aucun frais n’est requis pour cette réunion du Chapter France. Les membres et non-membres du GEO sont les bienvenus, l’inscription à l’événement est obligatoire.

MERCI À NOTRE SPONSOR

8.3 A little French conversation: market practices in France

Read more about 8.3 A little French conversation: market practices in France

A comprehensive session led by a panel of esteemed French and US experts, offering exclusive insights into the intricate landscape of Long-Term Incentive (LTI) plans in France. With over 100,000 French beneficiaries and 100 corporate clients, Banque Transatlantique brings a unique perspective on market trends, complemented by Deloitte's benchmark of 800 European listed companies. Understand the nuances of LTIs, from exotic taxation to market practices and competitor benchmarks. Explore allocation policies, including amount, conditions, and ESG considerations. Gain an overview of the panel demographics and delve into the decision-making process for offering LTIs in alignment with French market trends.

KEY LEARNING POINTS:

Overview of panel demographics and general figures
Understanding allocation policies, including amount and ESG factors
Decision-making considerations for offering LTIs in line with French market trends

CPE CREDIT: 1.0
Field of study: Specialized Knowledge
Level: 0
Delivery method: Group internet-based
Advanced preparation: None

CEP CONTINUING EDUCATION CREDIT (CE): 1.0

*CPE credits are provided for live webcasts only. Please visit our Continuing Education and Event Policies pages for more information.

Speaker/Author

Matthieu Gonbert, Banque Transatlantique
Orianne Acheriteguy, Deloitte Société d'Avocats
Ramon Dominguez, Lucid Motors

Event date

Thursday, 11 Apr 2024, 10:00 - 10:50

Topic

Design and strategy

Plan type

Employee stock purchase plans (ESPP)

Country

Breakout series

Location

Germantown 1

Orianne Achériteguy

Tax Partner, Global Rewards

Deloitte Société d’Avocats

France

VIEW BIO

Orianne Achéritéguy is dual qualified as an England and Wales Solicitor and a French Lawyer.

She has been working for TAJ for 8 years and has developed particular expertise in the following:

Recurrent tax assistance to leading international and mid-cap private equity funds, in reviewing and advising on Co-Investment structuring and Management Equity Packages;

Design, advice, audit and litigation on selective or all-employee share and incentive plans

Tax and social security schemes of Executive and Employee remunerations (cash & share based plans)

Matthieu Gonbert

Senior Relationship Manager

Banque Transatlantique

France

VIEW BIO

Matthieu is a Senior Relationship Manager in the “LTI Plan Management & Participants” Department of Banque Transatlantique (a subsidiary of Crédit Mutuel Alliance fédérale Group, one of the largest European banking group). Banque Transatlantique is a recognized leader in France in the management of international employee share plans for large companies.

Matthieu has developped an expertise dedicated to US companies operating LTI plans in France. With more than 13 years of experience, Matthieu fully masters all French specificities.

NEWS

7 August 2023

ENFORCEMENT OF DODD-FRANK CLAWBACK POLICIES UNDER FOREIGN LAW

Duncan A. W. Abate, Miriam Bruce, Aline Fidelis, Christopher Fisher, Régine Goury, Julien Haure, Dr. Hagen Köckeritz, Ryan J. Lieb, Laura D. Richman, Jad A. Taha, Jennifer C. W., Tam Hong

Executive pay

Finance, tax and accounting

Executive plans

Stock options

France

Germany

Greater China

Hong Kong

Singapore

UK and Channel Islands

USA

The article discusses the enforcement of Dodd-Frank clawback policies under foreign law, focusing on executive compensation. The US SEC's Rule 10D-1 mandates the recovery (clawback) of incentive-based executive compensation in the event of accounting restatements. The NYSE and Nasdaq proposed listing standards to comply with this rule. The article explores how clawback policies could be enforced in various countries including Brazil, China, France, Germany, Hong Kong, Singapore, the United Arab Emirates, and the United Kingdom. It addresses aspects such as enforceability under local law, deducting amounts from future compensation, and provisions to enhance enforcement. The application of these policies varies across jurisdictions based on legal frameworks and regulatory guidelines.

READ THIS ARTICLE

READ ARTICLE

1.1 EUROPEAN SHARE PLAN INSIGHTS: EQUITY OFFERINGS ACROSS THE CONTINENT

Read more about 1.1 EUROPEAN SHARE PLAN INSIGHTS: EQUITY OFFERINGS ACROSS THE CONTINENT

Join our enlightening session as we unravel the intricate web of country-specific challenges in Europe and equip you with the knowledge to overcome them effectively.

Don't miss this opportunity to arm yourself with the knowledge and strategies needed to thrive in the diverse regulatory landscape of European markets.

KEY LEARNING POINTS:

Navigate legal hurdles: Delve into the key tax, legal, and administrative challenges that businesses encounter in various European jurisdictions, including Belgium, Germany, Russia, the UK, France, and more.
Stay informed on enforcement: Stay ahead of the curve by gaining insights into enforcement activities that could impact your company's operations.
Create a strategic action plan: Leave the session with a concrete action plan to address these challenges head-on. Discover how to leverage country-specific appendices and compliance matrices to tackle issues such as securities exemptions, data privacy, tax withholding obligations, entitlement matters, and more across Europe.

CPE CREDIT HOURS: 1.0*

Field of study: Specialized Knowledge
Levels: O
Delivery method: Group live
Advanced preparation: None

CEP Continuing Education (CE) credit: 1.0 credits

Please visit our Continuing Education and Event Policies pages for more information.

Speaker/Author

Will Clifton, Baker McKenzie
Don-Tobias Jol, Baker McKenzie
Ludmilla Maurer, Baker McKenzie

Event date

Thursday, 16 Nov 2023, 08:30 - 09:30

Topic

Legal and regulatory

Plan type

Employee stock purchase plans (ESPP)

Country

UK and Channel Islands

Breakout series

BREAKOUT I

IN-PERSON CHAPTER EVENT

3 October 2023, 6 - 7pm BST

FRANCE CHAPTER MEETING

LOCATION: Paris

France

Please join us 3 October for this event. It will be a great occasion to get together with the share plan community and start again meeting regularly.

In January 2022, Suez, became a French private company after being sold by Veolia to a Consortium including Meridiam (40%), Global Infrastructure Partner (40%), Caisse des Dépôts et Consignation (10%) and CNP (10%).

Suez was the 2023 Winner of the GEO AWARD for BEST USE OF EMPLOYEE SHARE PLANS IN A CORPORATE ACTION. Nadine Thouin, Suez Compensation and Benefits officer, and Jerome Laurre, managing partner at Beyond Solutions, will guide us through the journey from the commitment by the new shareholders to significantly raise employee ownership to the implementation of a French type ESPP offering various leverage formula and how the innovative structure was successful.

In this chapter meeting, you will have the opportunity to:

Learn how Suez has implemented the most important employee share ownership plan in its history, with the highest participation rate never achieved in the group.
Understand the essential role of this employee share plans as a leverage for involving employees in the development and performance of the company
Explore the challenges and complexities faced by Suez during the process of implementing their employee share plans.

ARTICLE

25 June 2023

THE EFFECTS OF MANDATORY PROFIT-SHARING ON WORKERS AND FIRMS: EVIDENCE FROM FRANCE

SOURCE: SSRN

France

This research paper examines the effects of mandatory profit-sharing in France, focusing on the regulation requiring firms with over 100 employees to share excess-profits with their employees. The study finds that mandated profit-sharing redistributes profits to lower-skill workers without significant distortions or productivity effects, as evidenced by changes in the labor share of income and profit share at the firm level, and increased total compensation for low-skill workers at the employee level.

READ ARTICLE

NEWS

29 March 2023

ESSILORLUXOTTICA : EMPLOYEE SHAREHOLDING AT ESSILORLUXOTTICA HITS RECORD RATES

SOURCE: Marketscreener.com

Trending now

France

The total number of active employee shareholders in EssilorLuxottica has reached its highest with 72,000 employees in 85 countries holding a financial stake in the company, reflecting the willingness of a large majority of employees to take an active part in the future performance of the Group. The company's Boost 2022 and PEE programs also achieved record investments with close to 58,000 eligible employees subscribing and the PEE program gathering over 30 million euros in 2022, the highest amount ever reached since its implementation in 1979.

READ ARTICLE

Subscribe to France