Section 2: Recognition, review and withdrawal of regulated market status

Recognition as a regulated market for financial instruments is decided by order of the Minister for the Economy on a proposal from the Autorité des marchés financiers. The Autorité des marchés financiers consults the Autorité de contrôle prudentiel et de résolution on the measures planned by the market undertaking to comply with the obligations set out in paragraphs 2 and 4 of I and II of Article L. 421-11. The…

The Autorité des marchés financiers shall propose to recognise the status of regulated market only if it is satisfied that the persons referred to in Article L. 421-7 are of sufficiently good repute, have the knowledge, skills and experience necessary to perform their duties and devote sufficient time to them, and that there are no objective and demonstrable reasons for considering that the corporate bodies constituted by these persons within…

On a proposal from the Autorité des marchés financiers, the Minister responsible for the economy may withdraw recognition from a regulated market in any of the following cases: 1° If the market undertaking does not make use of it within twelve months, if it expressly renounces it or if the market has ceased to operate for six months; 2° If the market undertaking has obtained the authorisation by making false…