Article D211-13 of the French Monetary and Financial Code
November 6, 2023
Where the secured creditor has authorised the pledgor to dispose of the financial securities and sums in any currency which are the subject of the pledge, the pledgor and the secured creditor shall inform the account keeper or the manager of the computerised identification process in writing of the terms of this arrangement. The account keeper or the manager of the computerised identification process may not deviate from the instructions…
