Article L542-1 of the French Monetary and Financial Code
November 7, 2023
Only the following may carry on the business of custody account-keeping for financial instruments 1° Legal entities in respect of the financial instruments they issue by public offer, with the exception of the offers referred to in 1° or 2° of Article L. 411-2 or in Article L. 411-2-1; 2° Credit institutions established in France; 3° Investment firms established in France; 4° Legal entities whose members or partners are indefinitely…
