HAUT COMITÉ JURIDIQUE DE LA PLACE FINANCIERE DE PARIS
Created at the Joint instigation of the French Financial Markets Authority (AMF) and of the French Central Bank, the Legal High Committee for Financial Markets of Paris (HCJP) conducts and releases legal analysis in full independence. The HCJP is composed of lawyers, academics and other qualified individuals.
THE MISSIONS OF THE COMMITTEE ARE THE FOLLOWING:
– suggest draft reforms in view of promoting the legal competitiveness of the Paris Financial Center,
– help and support the public authorities during the negotiations of the European and international financial regulation,
– increase legal certainty through supplying answers to legal questioning regarding all the financial stakeholders, both public and private.
Public authorities devoted to the regulation and supervision of the Paris Financial Center take part in all the meetings of the HCJP.
The Committee is chaired by one of its members, currently Guy CANIVET, Honorary First President of the Cour de cassation (French Supreme Judicial Court), former member of the Constitutional Council.
In order to prepare the work of the HCJP, the Chairman requests one or more members, or one or more correspondents, to examine the issues on the agenda, and to produce either a report or an opinion; this document will then be reviewed by the HCJP and published with its agreement.
A permanent team headed by General Secretary, takes over the organization and conduct of the workshops.