Subsection 2: Identification and verification of the identity of the beneficial owner

For the application of I of Article L. 561-5, the persons referred to in Article L. 561-2 shall identify the beneficial owner of the business relationship in accordance with the procedures defined in Article R. 561-5 and shall verify the identification data collected on the beneficial owner by means of measures appropriate to the money laundering and terrorist financing risk presented by the business relationship. To verify the identity of…

The persons referred to in Article L. 561-2 are not required to identify the beneficial owner of the business relationship when their customer is a company whose securities are admitted to trading on a regulated market in France, in another Member State of the European Union, in another State party to the Agreement on the European Economic Area or which is subject to disclosure requirements in accordance with European Union…

When a collective investment management company distributes the units or shares of a collective investment scheme through the intermediary of a person referred to in 1° to 6° bis of Article L. 561-2 who is not established on the territory of another Member State of the European Union, a State party to the Agreement on the European Economic Area or a third country imposing equivalent obligations in terms of the…