Failure by the directors of an electronic money institution to respond, after formal notice, to requests for information from the Autorité de contrôle prudentiel et de résolution, obstructing it in any way whatsoever in the performance of its supervisory duties or providing it with inaccurate information is punishable by one year’s imprisonment and a fine of €15,000.
Failure by the directors of an electronic money institution to draw up an inventory for each financial year, prepare annual accounts and a management report, in accordance with the conditions set out in article L. 526-36, is punishable by a fine of €15,000.
Failure by the directors of an electronic money institution to request the appointment of the institution’s auditors or to convene them to any general meeting is punishable by two years’ imprisonment and a fine of €30,000. Any manager of an electronic money institution or any person in the service of the institution who obstructs the statutory auditors’ inspections or controls or refuses to provide them with all documents required for…
Failure by the directors of an electronic money institution to prepare accounts in consolidated form, pursuant to article L. 526-37, is punishable by a fine of €15,000.
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.
Any person subject to the obligation to make the declaration referred to in Article L. 54-10-3 is liable to one year’s imprisonment and a fine of €15,000 for failing to make this declaration or for providing inaccurate information to the Autorité des marchés financiers. Any person acting either on his own behalf or on behalf of a legal entity who fails to comply with one of the prohibitions set out…
The penalties provided for in Article L. 571-4 shall apply to any person acting either on its own behalf or on behalf of a legal entity and practising as a provider of the services referred to in 1° to 4° of Article L. 54-10-2 who, after formal notice, fails to respond to requests for information from the Autorité des marchés financiers, obstructs it in any way whatsoever in the performance…
The provisions of article L. 571-2 are applicable to proceedings relating to offences under articles L. 572-23 and L. 572-24.
It is punishable by six months’ imprisonment and a fine of €7,500 for any person providing services on digital assets within the meaning of Article L. 54-10-2, to disseminate information containing inaccurate or misleading information or to use a name, company name, advertising or any other process that gives the impression that it is approved under the conditions set out in Article L. 54-10-5.
It is punishable by six months’ imprisonment and a fine of €7,500 for any person making a public offer of tokens within the meaning of Article L. 552-3, to disseminate information containing inaccurate or misleading information or to use a name, company name, advertising or any other process that leads to the belief that it has obtained the approval provided for in Article L. 552-4.
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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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