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Article L521-8 of the French Monetary and Financial Code

The Banque de France shall ensure the security of access to payment accounts and their information in connection with the provision of the payment services mentioned in 7° and 8° of II of Article L. 314-1 by any payment service provider and the relevance of the standards applicable in this regard. In order to carry out this task, the Banque de France has the same powers with regard to these providers as those provided for in the fourth and fifth paragraphs of I of Article L. 141-4.

Original in French 🇫🇷
Article L521-8

La Banque de France s’assure de la sécurité de l’accès aux comptes de paiement et à leurs informations dans le cadre de la fourniture des services de paiement mentionnés au 7° et 8° du II de l’article L. 314-1 par tout prestataire de services de paiement et de la pertinence des normes applicables en la matière. Pour l’accomplissement de cette mission, la Banque de France dispose des mêmes pouvoirs auprès de ces prestataires que ceux prévus aux quatrième et cinquième alinéas du I de l’article L. 141-4.

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