Nicole Belloubet, former Minister of Justice under the government of Édouard Philippe, between 2017 and 2020, was appointed president of the new Council of Auction Houses. She is at the origin of the reform aimed at modernizing the regulation of the art market, following the law of February 28, 2022 (decree one year later) She now presides over the destiny of this Council financed by the auction houses and whose five members of the college are personalities coming from the law.