Article L213-27 of the French Monetary and Financial Code
The same transactions may be carried out in respect of entries in current account warrants as in respect of warrants. Registrations may be freely transferred by bank transfer.
The same transactions may be carried out in respect of entries in current account warrants as in respect of warrants. Registrations may be freely transferred by bank transfer.
Transfer orders are exempt from stamp duty.
No objection may be lodged in respect of bond current accounts.
The list of institutions or persons referred to in Article L. 213-23 may be supplemented by a decree issued on the basis of a report from the Minister for the Economy. The Banque de France may grant institutions or persons not mentioned in Article L. 213-23 the right to open a current account with the Banque de France. These accounts are automatically subject to the provisions of Articles L. 213-23…
Without prejudice to the penalties that may be applied by the Autorité de contrôle prudentiel et de résolution in the same way as for breaches of banking regulations, any failure to comply with the obligations set out in Article L. 213-23 shall result in the loss of interest accrued during the period of irregular holding on the amount of the bonds that have not been deposited.
Joint stock companies belonging to the public sector, cooperative limited companies, coordination companies within the meaning of article L. 423-1-1 du code de la construction et de l’habitation, les offices publics de l’habitat mentionnés à l’article L. 411-2 of the same code, the sociétés anonymes d’habitations à loyer modéré mentioned in article L. 422-2 of the said code, mutual or cooperative banks and State-owned industrial and commercial public establishments may…
The rules governing the issue of profit participation certificates by insurance companies are set out in article L. 322-2-1 of the French Insurance Code.
The rules governing the issue of profit participation certificates by agricultural cooperative societies and their associations are set out in article L. 523-8 of the French Rural and Maritime Fishing Code.
A decree shall, where necessary, lay down the provisions concerning the issue and remuneration of securities issued by mutual or cooperative banks and public industrial and commercial establishments.
I. – The following constitute collective investment schemes 1° Undertakings for collective investment in transferable securities authorised in accordance with Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities, known as “UCITS” ; 2° Funds covered by Directive 2011/61/EU of the European Parliament and of the Council…
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
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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
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