How to find the balance between cooperation and protection of sovereignty? The points of tension between these two imperatives are particularly evident when companies find themselves caught between conflicting injunctions from a regulatory authority or foreign authority on one hand, and the national judiciary on the other. Cooperation between European and international regulatory authorities aims to facilitate the pursuit of common goals that our democracies have set for themselves, particularly regarding market regulation, as actors and actions transcend borders, as well as the prevention and repression of financial offenses, where financial actors can serve as conduits. This globalization of regulatory and supervisory actions should not, however, overshadow the fact that states are sovereign and that the authorities of each country cannot …
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