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All the latest news from the Lise market
On 18 December 2025, after several years of negotiations, the Council of the EU and the European Parliament reached a political agreement on the Retail Investment Strategy. A reform designed to better protect retail investors against high fees, conflicts of interest in financial advice, and a lack of transparency in investment products.
France’s Finance Act of 19 February 2026 once again changed the IR-PME, the French income tax reduction for subscribing to the capital of small and medium-sized enterprises (SMEs). It creates a 40% rate for a new category of young innovative companies. It also removes the benefit for most innovation funds, the collective investment vehicles that invest in young companies.
SMEs occupy a central place in the French economy, one that is often underestimated. The leading employer across French regions and a driver of innovation in strategic sectors, they form an economic fabric whose health directly affects that of the country as a whole.
