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French regulators lure British companies as EU exit looms

Associated Press Associated Press 28/09/2016

PARIS — The markets authority in France has a message for UK-based companies: We want you.

With Britain's financial future in limbo after its vote to leave the EU, French regulator AMF announced a new offer Wednesday allowing companies to get past the first hurdle for establishing operations in France within just two weeks.

That's still just a first step. Opening a business in France is complex and time-consuming, a barrier as the government tries to encourage investment.

The plan also provides English-speaking "coaches," a rarity in French administration.

The AMF offer is focused on companies in finance, technology and management that want to retain access to the single market.

Other European cities are also trying to attract business from London after the vote in favor of a so-called Brexit.

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