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Article L571-6 of the French Monetary and Financial Code

Failure by the directors of a credit institution or finance company to draw up an inventory for each financial year, prepare annual financial statements and a management report in accordance with the conditions set out in article L. 511-35 is punishable by a fine of 15,000 euros.

Original in French 🇫🇷
Article L571-6

Le fait, pour les dirigeants d’un établissement de crédit ou d’une société de financement, de ne pas, pour chaque exercice, dresser l’inventaire, établir des comptes annuels et un rapport de gestion dans les conditions prévues à l’article L. 511-35 est puni de 15 000 euros d’amende.

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