DDADUE Article 32: ANFR to be designated as France's CRA authority

The DDADUE bill, adopted by the Senate under accelerated procedure, formally designates ANFR as France's market surveillance authority for the CRA. Article 32 inserts a new I quinquies into Article L.43 of the CPCE, sets out the mise en demeure → fine sequence, and codifies the three CRA sanction tiers (up to €15M or 2.5% of worldwide turnover). Two points deserve particular attention: trade secrets are not opposable to ANFR in CRA investigations, and the entry into force is split, ANFR mission on 11 September 2026, sanctions regime on 11 December 2027.