Section 2: Persons authorised to canvass.

Direct marketers who are natural persons and natural persons with the power to manage or administer legal entities authorised under I of Article L. 341-4 must meet the following conditions: 1° Be of legal age; 2° Prior to taking up their duties, they must have either a baccalaureate or equivalent, or professional training suitable for carrying out the operations mentioned in 1° to 9° of article L. 341-1. In the…

The minimum levels of cover under the professional indemnity insurance contract provided for in Article L. 341-5 are set as follows: 1° 75,000 euros per claim and 75,000 euros per insurance year for natural persons canvassing for the transactions mentioned in 2° of article L. 341-1; 2° 150,000 euros per claim and 300,000 euros per insurance year for legal entities canvassing on the basis of the transactions referred to in…

For the application of Article L. 341-6, La Poste, the Caisse des dépôts et consignations and venture capital companies shall register with the Autorité de contrôle prudentiel et de résolution the employees, representatives or agents who carry out direct marketing activities on their behalf. Venture capital companies that use direct marketers must provide the Autorité de contrôle prudentiel et de résolution with a copy of the letter of option sent…

When a natural person or a legal entity mandated in application of I of article L. 341-4 carries out canvassing activities on behalf of several employers or principals, a single registration number is allocated.

When a natural person carries out canvassing activities on behalf of a legal entity authorised under the conditions set out in I of article L. 341-4, the legal entity issues the canvassing licence provided for in article L. 341-8.

If canvassing activity ceases for any reason whatsoever, the holder of the card issued pursuant to article L. 341-8 must return the card immediately.

The form referred to in the second paragraph of I of article L. 341-16, which is entitled “Form relating to the withdrawal period provided for in article L. 341-16 of the Monetary and Financial Code”, includes the following information: 1° A statement to the effect that this form must be returned no later than 14 days from the conclusion of the contract by registered letter with acknowledgement of receipt; 2°…

The file set up under article L. 341-7 is entitled “the direct marketers’ file”. In particular, it enables persons canvassed under the conditions defined in article L. 341-1 to ensure that the persons requesting their services are qualified as canvassers.

The database of direct marketers is maintained by the Banque de France on behalf of the authorities referred to in Article L. 341-7 . The procedures for managing the file and the relations between the Banque de France and the authorities concerned are set out in an agreement. In particular, the agreement sets out the terms and conditions under which the information provided for in Article D. 341-13 may be…

The information contained in the direct seller file is as follows: 1° The direct seller’s registration number; 2° The name, surname, first names, date and place of birth of the direct seller, natural person; 3° The business address of the direct seller; 4° The name, address and, if applicable, SIREN number of the legal entity or entities falling within one of the categories mentioned in 1° and 3° of Article…