French Business Law - French Legislation

Article R548-6 of the French Monetary and Financial Code

November 5, 2023

The intermediary in participative financing makes available on its website a standard loan contract containing the following information: 1° Identity and contact details of the parties involved: a) Marital status or company name of the lender and project promoter and, where applicable, SIREN number; b) Addresses of the domicile or registered office of the lender and the project promoter; 2° Characteristics and cost of the transaction: a) Total amount of…

Article R548-7 of the French Monetary and Financial Code

November 5, 2023

Before concluding the loan agreement, the intermediary in participative financing : 1° Tells each co-contractor: a) The amount of money made available under the contract between the lender and the project promoter ; b) The duration of the credit or free loan; c) The contractual interest rate applicable to the lender; d) The amount payable to the lender (capital and interest); e) The frequency of repayments and the loan repayment…

Article R548-8 of the French Monetary and Financial Code

November 5, 2023

Any contract between a lender and a project promoter shall be drawn up in writing or on any other durable medium.

Article R548-9 of the French Monetary and Financial Code

November 5, 2023

A participative finance intermediary shall enter into a contract with a payment service provider or a payment service agent relating to the extinctive management of its activities in the event that it is no longer able to continue to carry them out.

Article R548-10 of the French Monetary and Financial Code

November 5, 2023

I.-When they present donation-based financing offers on their website that take the form of a collection open to the public, intermediaries in participative financing shall make available to the parties a standard contract that mentions the information provided for in 1° and a and d of 3° of Article R. 548-6. The use of this standard contract is not required for donation-based financing offers taking the form of a fundraising…

Article R549-1 of the French Monetary and Financial Code

November 5, 2023

Where the applicant applies for authorisation to provide one or more data communication services within the meaning ofArticle L. 323-1, such authorisation shall be granted as part of the authorisation procedure as an investment service provider other than an asset management company. Where the applicant has been authorised as an investment service provider other than an asset management company and is applying for authorisation to provide one or more data…

Article R549-2 of the French Monetary and Financial Code

November 5, 2023

If the Autorité des marchés financiers does not respond within the time limit referred to inArticle L. 549-4, the application is deemed to have been rejected.

Article D549-3 of the French Monetary and Financial Code

November 5, 2023

The authorisation granted pursuant to I of Article L. 549-2 shall be notified by the Autorité des marchés financiers to the European Securities and Markets Authority.

Article D549-4 of the French Monetary and Financial Code

November 5, 2023

The information made public by a publication system approved in accordance with Article L. 549-11 shall include at least the following items: 1° The identifier identifying the financial instrument; 2° The price at which the transaction was concluded; 3° The volume of the transaction; 4° The time of the transaction; 5° The time at which the transaction was published; 6° The price unit of the transaction; 7° The code of…

Article D549-5 of the French Monetary and Financial Code

November 5, 2023

I. – In application of I of Article L. 549-15, the consolidated publication system referred to in the same article makes public the information mentioned in Article D. 549-4. It also makes public the following information 1° An indicator specifying which derogation the transaction has been subject to, if the obligation to publish the information referred to in Article 3(1) of Regulation (EU) No 600/2014 of the European Parliament and…

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Regulatory part

Article R548-6 of the French Monetary and Financial Code

Article R548-7 of the French Monetary and Financial Code

Article R548-8 of the French Monetary and Financial Code

Article R548-9 of the French Monetary and Financial Code

Article R548-10 of the French Monetary and Financial Code

Article R549-1 of the French Monetary and Financial Code

Article R549-2 of the French Monetary and Financial Code

Article D549-3 of the French Monetary and Financial Code

Article D549-4 of the French Monetary and Financial Code

Article D549-5 of the French Monetary and Financial Code

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