Article R221-124 of the French Monetary and Financial Code
I. – The information communicated by the tax authorities pursuant to article R. 221-123 may not be communicated to the institution’s sales department, which is informed only of the existence of another Livret A passbook account, nor used for commercial purposes, nor archived in information systems that may be used for commercial purposes. II. – Failure by the institution to comply with the provisions of I is subject to the…