LCL / Groupe Milleis Foreign Subsidies Concentration Provisional Deadline Expired
Summary
The European Commission's Directorate-General for Competition has confirmed the expiration of the provisional deadline for the LCL/Groupe Milleis foreign subsidies concentration case (FS.100291) on 31 March 2026. The notification was received on 24 February 2026 under Regulation 2022/2560, covering financial services and insurance activities. No substantive compliance actions or penalties are associated with this procedural milestone.
What changed
The European Commission confirmed that the provisional deadline and suspension period under the Foreign Subsidies Regulation (FSR) for the LCL/Groupe Milleis concentration expired on 31 March 2026. The case, filed under Regulation 2022/2560, concerns financial service activities (NACE L.64) and insurance/reinsurance/pension funding (NACE L.65).
This procedural milestone marks the natural expiration of the review timeline under the FSR. No immediate compliance obligations arise from this notice. Parties involved in concentrations subject to FSR should continue monitoring the substantive review status of their filings, though this particular deadline expiration imposes no additional requirements.
Archived snapshot
Apr 1, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
FS.100291
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LCL / GROUPE MILLEIS
Last decision date: 31.03.2026 Notification date: 24.02.2026 Provisional deadline: 31.03.2026 Case type: Concentration Regulation: 2022/2560 Economic activities: L.64 - Financial service activities, except insurance and pension funding (NACE Rev. 2.1) L.65 - Insurance, reinsurance and pension funding, except compulsory social security (NACE Rev. 2.1) Decisions The provisional deadline and the suspension period under FSR expired on of 31.03.2026
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