Section 4: Professional secrecy, accounting and statutory auditing

I. – Any member of a board of directors or, as the case may be, of a supervisory board and any person who, in any capacity whatsoever, participates in the management or administration of a payment institution or who is employed by a payment institution is bound by professional secrecy. Apart from cases where the law so provides, professional secrecy may not be invoked against the Autorité de contrôle prudentiel…

Where they carry out other activities in accordance with Article L. 522-3, payment institutions shall prepare separate accounting information relating to the payment services activities referred to in II of Article L. 314-1 and the related activities referred to in Article L. 522-2, in accordance with the rules defined by regulation of the Autorité des normes comptables (French Accounting Standards Authority) adopted after obtaining the opinion of the Comité consultatif…