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Article L531-10 of the French Monetary and Financial Code

Subject to the provisions of article L. 531-2, it is prohibited for any person other than an investment service provider, a third country firm referred to in article L. 532-48 or a person referred to in article L. 532-18 or article L. 532-18-1 to provide investment services to third parties on a regular professional basis.

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Article L531-11 of the French Monetary and Financial Code

A firm other than an investment firm or an asset management company may not use any name, corporate name, advertising or, in general, any expression suggesting that it is authorised as an investment firm or as an asset management company, or create confusion in this respect. An investment firm or a portfolio management company may not imply that it belongs to a category other than that for which it has…

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