Close Menu
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds

Subscribe to Updates

Get the latest markets and assets news and updates directly to your inbox.

Trending Now

Sotheby’s To Offer $60 M. Modigliani From Exhibition Once Shuttered For Indeceny, and More: Morning Links for June 8, 2026

June 8, 2026

MPs call for investment overhaul to unlock £200bn of growth as wealth sits untapped

June 8, 2026

New digital archive reconstructs Leonardo da Vinci manuscripts for the first time in four centuries – The Art Newspaper

June 8, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Asset ObserverThe Asset Observer
Newsletter
LIVE MARKET DATA
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds
The Asset ObserverThe Asset Observer
Home»Art Market
Art Market

Parliamentary report calls for major changes at French museums in the wake of Louvre heist – The Art Newspaper

News RoomBy News RoomMay 14, 2026
Share
Facebook Twitter LinkedIn Pinterest Email

The French government is under pressure to respond to dramatic failures in the security of the country‘s museums, which are facing multiple threats. A report published on 13 May by the parliamentary commission formed after the heist of the crown jewels at the Louvre museum, raises alarms over the “worrying condition” of their collections and proposes 40 recommendations, from raising budgets to overhauling museum leadership.

While the commission heard approximately 100 testimonies and covered around 2,000 French museums, a special chapter in the report is dedicated to the Louvre, with a damning assessment of former director Laurence des Cars’s reign. According to the MPs, her leadership symbolises a “dysfunctional drift”, favouring contemporary art interventions, fashion shows and gallery renovations over the basic protection of collections. The commission considers that Ms des Cars, who was forced to resign in February, “relegated to the background” the updating of the infrastructures which were “delayed by a little more than two years”, although Ms des Cars claimed in parliament that “there was no delay”. The report’s authors charge that this policy “allowed the 19 October heist to happen”.

They list a series of rising threats against museums, including rioting, burglaries, cyberattacks (which led the National Museum of Natural History in Paris to cancel an entire exhibition after a ransomware attack in July 2025), and terrorist threats (on 11 May, a 27 year-old man was detained for plotting jihadist attacks including at the Louvre). In museums, burglaries remain a tiny fraction of art thefts—an average of 18 cases annually over 15 years—but “their level of violence has increased”, focussing on jewellery and precious metals. However, the commission insists that these valuable pieces should still remain “by all means visible to the public”. The report requests enhancing staff training and funding for museums across the country, estimating a necessary budget between €20bn and €25bn over the course of a decade. Only 54% of museum galleries are protected by cameras and one third of the rooms in the Louvre do not have any.

Taking the example of the situation at the Louvre, where the director was left “without control”, the members of parliament, called députés, urge the culture ministry to assess increasing influence on national museums’ management. The commission raises doubts about the colossal project for a new entrance leading to a subterranean complex in the Louvre. Signaling that 50 floods were registered over 12 years in French museums, it insists on the risks of floods to which the remaining Louvre storage is already subjected. Denouncing the “hyper-presidency” that crippled the Louvre, the députés now demand “more transparency and democracy” in the appointment of directors, which are currently chosen by the French president. Considering that this “fait du prince” encourages directors to adopt an event-driven policy, the report calls for the setting up of effective boards of trustees, inspired by the British Museum’s example, where the parliament would be represented.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Sotheby’s To Offer $60 M. Modigliani From Exhibition Once Shuttered For Indeceny, and More: Morning Links for June 8, 2026

New digital archive reconstructs Leonardo da Vinci manuscripts for the first time in four centuries – The Art Newspaper

Stoke-on-Trent—the UK’s home of ceramics—seeks emergency funds for crumbling heritage – The Art Newspaper

Museums across North America hope to score with World Cup programmes – The Art Newspaper

Through Sculpture, Kiah Celeste Finds Elegance in the Everyday

AI cultural companion Artlas expands pilots as founder argues institutions need trusted AI tools – The Art Newspaper

As the Country Turns 250, Why Won’t Its Museums Meet the Moment?

Sotheby’s Quietly Tried to Sell Arne Glimcher’s Pollock for $50 M.—It Didn’t Go as Planned

Following Federal Order, Kennedy Center Begins Removing References to Donald Trump

Recent Posts
  • Sotheby’s To Offer $60 M. Modigliani From Exhibition Once Shuttered For Indeceny, and More: Morning Links for June 8, 2026
  • MPs call for investment overhaul to unlock £200bn of growth as wealth sits untapped
  • New digital archive reconstructs Leonardo da Vinci manuscripts for the first time in four centuries – The Art Newspaper
  • Stoke-on-Trent—the UK’s home of ceramics—seeks emergency funds for crumbling heritage – The Art Newspaper
  • Museums across North America hope to score with World Cup programmes – The Art Newspaper

Subscribe to Newsletter

Get the latest markets and assets news and updates directly to your inbox.

Editors Picks

MPs call for investment overhaul to unlock £200bn of growth as wealth sits untapped

June 8, 2026

New digital archive reconstructs Leonardo da Vinci manuscripts for the first time in four centuries – The Art Newspaper

June 8, 2026

Stoke-on-Trent—the UK’s home of ceramics—seeks emergency funds for crumbling heritage – The Art Newspaper

June 8, 2026

Museums across North America hope to score with World Cup programmes – The Art Newspaper

June 8, 2026

Through Sculpture, Kiah Celeste Finds Elegance in the Everyday

June 8, 2026
Facebook X (Twitter) Instagram
© 2026 The Asset Observer. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.