Section 2: Freedom of establishment and freedom to provide services on the territory of Member States of the European Union or parties to the Agreement on the European Economic Area (Passports)

I.-Any investment services provider other than a portfolio management company whose registered office is located in mainland France, Guadeloupe, French Guiana, Martinique, La Réunion, Mayotte and Saint-Martin and which is authorised to provide investment services pursuant to Article L. 532-1 that wishes to establish a branch in another Member State of the European Union or a State party to the European Economic Area, or to use a tied agent established…

Any investment service provider other than a portfolio management company whose registered office is located in mainland France, Guadeloupe, French Guiana, Martinique, La Réunion, Mayotte and Saint-Martin and which is authorised to provide investment services pursuant to Article L. 532-1, which wishes to carry on business in the territory of another Member State of the European Union or party to the Agreement on the European Economic Area under the freedom…

The provisions of Articles L. 532-23 and L. 532-24 apply ipso jure to the provision of the investment services mentioned in Article L. 321-1. They may also apply to the joint provision of related services under Article L. 321-2 if the applicant investment service provider is authorised to provide all or some of the services listed in Article L. 321-1.