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.