Article L541-8 of the French Monetary and Financial Code
Financial investment advisers : 1° Provide themselves with the resources and procedures necessary to carry out their activities and implement these resources and procedures efficiently ; 2° When providing the advice referred to in 1° or 3° of I of Article L. 541-1, have appropriate systems in place to obtain the relevant information referred to in 3° of Article L. 533-24 and to understand the characteristics and identify the target…