Article L532-23 of the French Monetary and Financial Code
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…