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Home | French Legislation Articles | French Monetary and Financial Code | Legislative part | Book V: Service providers | Title III: Investment services providers | Chapter III: Obligations of investment services providers | Section 5: Rules of good conduct | Subsection 2: Provisions specific to portfolio management companies | Article L533-21 of the French Monetary and Financial Code

French Monetary and Financial Code
- Legislative part
  - Book V: Service providers
    - Title III: Investment services providers
      - Chapter III: Obligations of investment services providers
        Section 5: Rules of good conduct
        Subsection 2: Provisions specific to portfolio management companies

Article L533-21 of the French Monetary and Financial Code

Article L533-21 of the French Monetary and Financial Code

November 7, 2023
1:41 pm

Portfolio management companies are prohibited from receiving deposits of funds, securities or gold from their clients.

Original in French 🇫🇷

Article L533-21

Il est interdit aux sociétés de gestion de portefeuille de recevoir de leurs clients des dépôts de fonds, de titres ou d’or.

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