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Article D541-8 of the French Monetary and Financial Code

For the application of article L. 541-2, financial investment advisers who are natural persons and natural persons with the power to manage or administer legal persons authorised as financial investment advisers must meet the following conditions: 1° Be of legal age; 2° They must not be subject to : a) banned temporarily or permanently from carrying on an activity or providing a service, pursuant to the provisions of article L….

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Article D541-9 of the French Monetary and Financial Code

I. – The civil liability insurance contract taken out by a financial investment adviser pursuant to article L. 541-3 includes cover that takes effect on 1st March for a period of twelve months. The contract is tacitly renewed on 1st January of each year. II. – Persons commencing the activity of financial investment adviser must take out the contract provided for in I for the period running from the date…

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Article R541-11 of the French Monetary and Financial Code

The period of time after which the AMF’s silence on applications for professional certification from bodies organising examinations to verify the professional knowledge of financial investment advisers or, where applicable, natural persons placed under their authority or acting on their behalf, shall be deemed to constitute a decision of acceptance is four months from the date of receipt of the complete application.

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Article R542-1 of the French Monetary and Financial Code

To obtain the authorisation as custodian referred to in Article L. 542-1, applicants must submit their application to the Autorité de contrôle prudentiel et de résolution. The application for authorisation and subsequent amendments are subject to the conditions and procedures set out in Articles L. 532-1 to L. 532-5 and R. 532-1 to R. 532-9.

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Article R544-1 of the French Monetary and Financial Code

I -An indication of the code of conduct to which the voting consultant refers, a report on its application and, where applicable, a list of the provisions from which he has deviated, together with the reasons and the measures taken in substitution, as referred to in the first paragraph of Article L. 544-4, are made available to the public free of charge on the voting consultants’ website and are updated…

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Article R545-1 of the French Monetary and Financial Code

The tied agents referred to inarticle L. 545-4 must not have been subject to : a) a final conviction referred to in II ofarticle L. 500-1 within the last ten years ; b) a sanction provided for in 3° to 7° ofarticle L. 612-41, until such sanction has expired; or c) or a temporary or permanent ban on practising pursuant to b of III ofarticle L. 621-15, until such ban…

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Article R546-1 of the French Monetary and Financial Code

I. – The body referred to in article L. 512-1 of the Insurance Code is responsible for establishing, maintaining and updating the register of persons referred to in I of article L. 546-1. In this capacity, it receives applications for registration or renewal of registration and decides on these applications. Where applicable, it removes the name from the register or cancels the registration under the conditions set out in article…

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Article R546-2 of the French Monetary and Financial Code

I. – Any person referred to in I of article L. 546-1 shall apply for registration in the register and for entry in the categories referred to in I of article R. 519-4. To this end, it must compile a file showing that it meets the conditions for access to the activities in question. The content of this file is set by order of the Minister for the Economy. This…

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Article R546-3 of the French Monetary and Financial Code

I. – Registration is carried out within a maximum of two months from the date of receipt by the body referred to in I of article R. 546-1 of a complete application. The body will send the applicant a certificate showing his registration number and the date of registration. II. – Where it emerges from the examination of the complete file that the application for registration does not comply with…

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Article R546-4 of the French Monetary and Financial Code

The register of persons referred to in I of article L. 546-1 includes information relating to the identity, activity and, where applicable, the category of the persons concerned. This information is specified by order of the Minister for the Economy. Where applicable, it includes the name and contact details of the principals of these persons. This information is made public by the body responsible for keeping the register.

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