Failure by the directors of a payment institution to prepare accounts in consolidated form, in accordance with III of article L. 522-19, is punishable by a fine of €15,000.
Home | French Legislation Articles | French Monetary and Financial Code | Legislative part | Book V: Service providers | Title VII: Criminal provisions | Chapter II: Payment service providers, manual money changers, electronic money issuers, digital asset service providers and token issuers | Section 2: Payment service providers | Article L572-11 of the French Monetary and Financial Code
Failure by the directors of a payment institution to prepare accounts in consolidated form, in accordance with III of article L. 522-19, is punishable by a fine of €15,000.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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