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…