Title II: Savings products

Subject to the provisions of this chapter to the contrary, the French sub-account, within the meaning of Article 2 of Regulation (EU) 2019/1238 of the European Parliament and of the Council of 20 June 2019 on a pan-European individual retirement savings product (PEPP), of the pan-European individual retirement savings product mentioned in the same regulation is governed by the provisions applicable to the individual retirement savings plan mentioned in Article…

Payments into a French sub-account of the pan-European individual retirement savings product which have given rise to the opening of a securities account are allocated to the acquisition of financial securities offering sufficient protection of the savings invested and appearing on a list established by regulation, taking into account the financial management procedures of the plan. Payments into a French sub-account of the pan-European individual retirement savings product which have…

The French sub-account of the pan-European individual retirement savings product must be able to receive the deposits mentioned in 1° of Article L. 224-2. Payments are made in cash. The second paragraph of Article L. 224-20 applies to these payments. The French sub-account of the pan-European individual retirement savings product must also be able to receive individual rights in the course of constitution corresponding to payments mentioned in 1° to…

In addition to the cases mentioned in I of article L. 224-4, the rights constituted within the framework of the French sub-account of a pan-European individual retirement savings product may, at the request of the holder, be reimbursed before the maturity date mentioned in article L. 224-1 if all the sums received by way of this reimbursement are immediately paid into a retirement savings plan mentioned in the same article…

The procedures for applying this chapter shall be specified by decree in the Conseil d’Etat.