Chapter I: Financial investment advisers.

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….

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…

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.