‘Sapin 2’ is just sensible protection

Even if you know little about finance you may have read about a French ruling introduced at the end of 2016, coined ‘Sapin 2’.

If you believe what you read, you will shudder in fear at the mention of this legislation that serves to threaten your investments with blockage, removing all access, leaving you to endure a slow and painful death in abject poverty.

There is an oft-used sales technique known as ‘disturbance’: create as much fear as possible, then magically provide the solution in the form of your product, offering enough relief that the poor ‘target’ will agree to anything. ‘Sapin 2’ has been used for this and this article is designed to separate fact from fiction.

 

So, what is ‘Sapin 2’, what does it do and is there cause for concern?

 

As is often the case, the truth is between two extremes. Part of the ‘Sapin 2’ (Loi ...

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