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

Institutional Entitlement Offer and Placement Successfully Completed

September 4, 2026

A$1.1Million Placement to Fund Critical Minerals Strategyand Unlock Value from Potash

September 4, 2026

Aurum Adds More High-Grade Gold at Boundiali’s BST1 Deposit

September 4, 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

Christie’s and Bonhams Quietly Hike Buyers’ Fees

The Lucas Museum Doesn’t Have a Narrative

Chinese Artists Officially Withdraw from Gwangju Biennale in Protest of ‘Taiwan Pavilion’

Denmark’s Largest Known Viking Age Silver Treasure Discovered in Local Garden

Amid volatile Korean economy, galleries at Frieze Seoul and Kiaf opt for cautious pricing and fresh faces – The Art Newspaper

The 10 Best Booths at Frieze Seoul 2026

Lucas Museum CEO Responds to Staff Departures: George Lucas ‘Has Always Been Chief Curator’

Leading Mexican curator Cuauhtémoc Medina tapped to organise next edition of Guatemala’s Bienal de Arte Paiz – The Art Newspaper

White House Accuses Smithsonian of Discrimination, Threatens To Cut Federal Grants

Recent Posts
  • Institutional Entitlement Offer and Placement Successfully Completed
  • A$1.1Million Placement to Fund Critical Minerals Strategyand Unlock Value from Potash
  • Aurum Adds More High-Grade Gold at Boundiali’s BST1 Deposit
  • Alice Queen Divests Non-Core NSW Asset
  • Inside VCR, the Italian nursery that supplies a quarter of the world's vines

Subscribe to Newsletter

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

Editors Picks

A$1.1Million Placement to Fund Critical Minerals Strategyand Unlock Value from Potash

September 4, 2026

Aurum Adds More High-Grade Gold at Boundiali’s BST1 Deposit

September 4, 2026

Alice Queen Divests Non-Core NSW Asset

September 4, 2026

Inside VCR, the Italian nursery that supplies a quarter of the world's vines

September 4, 2026

Christie’s and Bonhams Quietly Hike Buyers’ Fees

September 3, 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.