Call Us + 33 1 84 88 31 00

Article L532-20-2 of the French Monetary and Financial Code

I.-A management company established in another Member State of the European Union or party to the Agreement on the European Economic Area which applies to manage a UCITS governed by French law and authorised in accordance with Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 shall provide the following documents to the Autorité des marchés financiers: 1° The written agreement with the depositary referred…

Read More »

Article L532-21-2 of the French Monetary and Financial Code

Where the Autorité des marchés financiers finds that a management company referred to in Article L. 532-20-1 with a branch or providing services in mainland France, Guadeloupe, French Guiana, Martinique, La Réunion, Mayotte, Saint-Barthélemy and Saint-Martin is not complying with the rules it is responsible for ensuring compliance with, it shall require the management company concerned to put an end to this irregular situation and inform the competent authorities of…

Read More »

Article L532-21-3 of the French Monetary and Financial Code

I.-The provisions of the first paragraph of article L. 532-18 and of the first paragraph of article L. 532-18-1 as well as the provisions of Section 2 of Chapter IV of Title I of Book II are applicable to management companies established in another Member State of the European Union which manage one or more FIAs governed by French law. II – The Autorité des marchés financiers shall monitor compliance…

Read More »

Article L532-22 of the French Monetary and Financial Code

A decree of the Conseil d’Etat shall determine the procedures to be followed by the Autorité de contrôle prudentiel et de résolution and the Autorité des marchés financiers in exercising the powers vested in them by Articles L. 532-19 to L. 532-21-3. This decree determines, in particular, the procedures for informing the competent authorities of the other Member States and the European Commission.

Read More »

Article L532-23 of the French Monetary and Financial Code

I.-Any investment services provider other than a portfolio management company whose registered office is located in mainland France, Guadeloupe, French Guiana, Martinique, La Réunion, Mayotte and Saint-Martin and which is authorised to provide investment services pursuant to Article L. 532-1 that wishes to establish a branch in another Member State of the European Union or a State party to the European Economic Area, or to use a tied agent established…

Read More »

Article L532-24 of the French Monetary and Financial Code

Any investment service provider other than a portfolio management company whose registered office is located in mainland France, Guadeloupe, French Guiana, Martinique, La Réunion, Mayotte and Saint-Martin and which is authorised to provide investment services pursuant to Article L. 532-1, which wishes to carry on business in the territory of another Member State of the European Union or party to the Agreement on the European Economic Area under the freedom…

Read More »

Article L532-24-1-A of the French Monetary and Financial Code

The provisions of Articles L. 532-23 and L. 532-24 apply ipso jure to the provision of the investment services mentioned in Article L. 321-1. They may also apply to the joint provision of related services under Article L. 321-2 if the applicant investment service provider is authorised to provide all or some of the services listed in Article L. 321-1.

Read More »

Article L532-24-1 of the French Monetary and Financial Code

I. – Any portfolio management company having its registered office in mainland France, the overseas departments, the department of Mayotte and Saint-Martin and authorised to manage a UCITS authorised in accordance with Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 that wishes to establish a branch in another Member State of the European Union or party to the Agreement on the European Economic Area…

Read More »

Article L532-24-2 of the French Monetary and Financial Code

I. – A portfolio management company with its registered office in mainland France, the French overseas departments, the Department of Mayotte and Saint-Martin wishing to manage a UCITS established in another Member State of the European Union or party to the Agreement on the European Economic Area and authorised in accordance with Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 shall submit an application…

Read More »

Article L532-25-1 of the French Monetary and Financial Code

I. – Any portfolio management company having its registered office in mainland France, the French overseas departments, Saint-Martin and the Department of Mayotte and authorised to manage an AIF covered by Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 or to provide investment services pursuant to this Directive, under the freedom to provide services or the freedom of establishment in another Member State of…

Read More »

Contact a French lawyer now

Contact a French Business Lawyer

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.

Useful links

You have a question in French Business Law?

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.

All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.