Failure by the directors of an electronic money institution to publish the annual financial statements in accordance with the conditions set out in article L. 526-38 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 3: Electronic money issuers | Article L572-22 of the French Monetary and Financial Code
Failure by the directors of an electronic money institution to publish the annual financial statements in accordance with the conditions set out in article L. 526-38 is punishable by a fine of €15,000.
Le fait, pour les dirigeants d’un établissement de monnaie électronique, de ne pas publier les comptes annuels, dans les conditions prévues à l’article L. 526-38, est puni de 15 000 € d’amende.
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.
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
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
Resources
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
Useful links
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.
All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.