Section 3: Provisions relating to providers of participative financing services

The penalties laid down inArticle 313-1 of the French Criminal Code shall apply to any person who engages in the activity of provider of equity crowdfunding services in breach of Articles L. 547-1 to L. 547-6.

Natural persons guilty of one of the offences mentioned in article L. 573-12 are also liable to the following additional penalties: 1° Disqualification from civic, civil and family rights, in accordance with the provisions of article 131-26 of the French Criminal Code ; 2° Disqualification, in accordance with the provisions of article 131-27 of the same code, from holding a public office or engaging in a professional or social activity…

Legal entities found to be criminally liable, under the conditions set out in article 121-2 of the French Criminal Code, for the offences defined in article L. 573-12 shall incur, in addition to the fine set out in article 131-38 of the French Criminal Code, the penalties set out in article 131-39 of the same code. The ban referred to in 2° of the same article applies to the activity…