Chapter II: Conditions for practising the profession.

I. – Pursuant to I ofArticle L. 532-23, notifications of the establishment of a branch or the use of a tied agent by investment firms and notifications of the use of a tied agent by credit institutions shall be sent to the Autorité de contrôle prudentiel et de résolution, which shall inform the Autorité des marchés financiers within five working days of receipt. The Autorité des marchés financiers shall submit…

Where, pursuant to I ofArticle L. 532-23, an investment firm or credit institution wishes to provide custody account keeping services in another Member State of the European Union or party to the Agreement on the European Economic Area, this firm or institution must, without prejudice to the conditions required by the competent authority of the host State, have been previously authorised to provide this service in France.

When it decides on a transmission to the competent authority of the host state pursuant toArticle L. 532-27, the Autorité de contrôle prudentiel et de résolution shall communicate the notifications received pursuant to I ofArticle L. 532-23 under the conditions provided for by the implementing regulation of the European Commission adopted pursuant to Article 35(12) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014….

Where an investment service provider other than an asset management company intends to amend any of the disclosures referred to in II ofArticle D. 532-20 or, as the case may be, provided for inArticle L. 532-23, it shall inform the Autorité de contrôle prudentiel et de résolution at least one month before the change is made, in accordance with the conditions set out in the Delegated Regulation and Implementing Regulation…

Credit institutions wishing to establish a branch in application of I ofArticle L. 532-23 are subject to the procedure provided for in I ofArticle L. 511-27, subject to the observations and opinions of the Autorité des marchés financiers provided for in this sub-paragraph. Credit institutions wishing to use tied agents pursuant to I of Article L. 532-23 are subject to the procedure provided for in II of Article L. 532-23.