Book V: Service providers

Where the customer of one of the persons referred to in Article L. 561-2 is a company, “beneficial owner”, within the meaning of 1° of Article L. 561-2-2, means the natural person(s) who either directly or indirectly holds more than 25% of the company’s capital or voting rights, or by any other means exercises control over the company within the meaning of 3° and 4° of I of Article L….

Where the client of one of the persons referred to in Article L. 561-2 is a collective investment scheme within the meaning of I of Article L. 214-1, “beneficial owner” within the meaning of 1° of Article L. 561-2-2, means the natural person(s) who either directly or indirectly holds more than 25% of the units, shares or voting rights of the collective investment scheme, or exercises, by any other means,…

Where the customer of one of the persons referred to in Article L. 561-2 is a legal person that is neither a company nor a collective investment scheme, “beneficial owner” within the meaning of 1° of Article L. 561-2-2, the natural person or persons who satisfy one of the following conditions: 1° They hold, directly or indirectly, more than 25% of the capital of the legal entity; 2° They are…

Where the customer is acting in the context of a trust within the meaning ofArticle 2011 of the Civil Code or any other comparable legal arrangement governed by foreign law, a beneficial owner within the meaning of 1° of Article L. 561-2-2, any natural person who satisfies one of the following conditions: 1° He or she is the settlor, trustee, beneficiary or third party protector under the conditions laid down…