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Article L231-5 of the French Monetary and Financial Code

The penalties provided for in Articles 313-1, 313-7 and 313-8 of the Criminal Code shall apply to any person who fails to comply with the obligations set out in the last paragraph of Article L. 214-42 as it read prior toOrder 2011-915 of 1 August 2011 relating to UCITS and the modernisation of the legal framework for asset management and in the last paragraph of Article L. 214-170.

Original in French 🇫🇷
Article L231-5

Est puni des peines prévues aux articles 313-1,313-7 et 313-8 du code pénal, le fait, pour toute personne, de méconnaître les obligations mentionnées, au dernier alinéa de l’article L. 214-42 dans sa rédaction antérieure à l’ordonnance n° 2011-915 du 1er août 2011 relative aux OPCVM et à la modernisation du cadre juridique de la gestion d’actifs et au dernier alinéa de l’article L. 214-170.

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