I.-Subject to the provisions of II and III, the articles mentioned in the left-hand column of the following table shall apply in the Wallis and Futuna Islands, in the wording indicated in the right-hand column of the same table:
Articles applicable | In the wording resulting from |
---|---|
L. 545-1 to L. 545-5 |
Order no. 2016-827 of 23 June 2016 |
L. 545-5-1 |
Act no. 2010-1249 of 22 October 2010 |
L. 545-6 |
Order no. 2007-544 of 12 April 2007 |
II – For the purposes of I, “tied agent” means any natural or legal person who, under the full and unconditional responsibility of a single investment service provider on whose behalf it is acting, promotes investment services to clients, including potential clients, receives and transmits instructions or orders from clients concerning financial instruments or investment services, places financial instruments or provides clients, including potential clients, with advice on these instruments or services.
III.-For the application of the articles mentioned in the table above, in Article L. 545-1, the words: “within the meaning of Article 4(1)(29) of Directive 2014/65/EU of 15 May 2014” are replaced by the words: “within the meaning of the Order of the Minister for the Economy”.