Where the customer of one of the persons referred to in Article L. 561-2 is a company, “beneficial owner”, within the meaning of 1° of Article L. 561-2-2, means the natural person(s) who either directly or indirectly holds more than 25% of the company’s capital or voting rights, or by any other means exercises control over the company within the meaning of 3° and 4° of I of Article L….
Where the client of one of the persons referred to in Article L. 561-2 is a collective investment scheme within the meaning of I of Article L. 214-1, “beneficial owner” within the meaning of 1° of Article L. 561-2-2, means the natural person(s) who either directly or indirectly holds more than 25% of the units, shares or voting rights of the collective investment scheme, or exercises, by any other means,…
Where the customer of one of the persons referred to in Article L. 561-2 is a legal person that is neither a company nor a collective investment scheme, “beneficial owner” within the meaning of 1° of Article L. 561-2-2, the natural person or persons who satisfy one of the following conditions: 1° They hold, directly or indirectly, more than 25% of the capital of the legal entity; 2° They are…
Where the customer is acting in the context of a trust within the meaning ofArticle 2011 of the Civil Code or any other comparable legal arrangement governed by foreign law, a beneficial owner within the meaning of 1° of Article L. 561-2-2, any natural person who satisfies one of the following conditions: 1° He or she is the settlor, trustee, beneficiary or third party protector under the conditions laid down…
I.-The persons mentioned in 1° quater of Article L. 561-2 shall appoint a permanent representative when one of the following conditions is met: 1° They have recourse on national territory to a number of agents mentioned in Article L. 523-1 or persons mentioned in Article L. 525-8 equal to or greater than ten; 2° The cumulative volume of electronic money in circulation and redeemed or the cumulative value of payment…
For the purposes of Article L. 561-4, insurance mediation by the persons referred to in 3° bis of Article L. 561-2 constitutes an ancillary financial activity for which these persons are exempt from the obligations of this chapter when this activity meets all of the following conditions: 1° It consists solely of presenting, offering or helping to conclude contracts relating to insurance products to customers of the main professional activity…
The projects referred to in the second paragraph of article L. 561-2-3 are projects submitted by the same person for which the total of the amounts targeted for financing or the total of the amounts collected do not exceed 150 euros per six-month period.
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
Resources
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
Useful links
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.
All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.
