Article 212-43 into force from to
- Version into force from to
I. – Person or entities making an offer of financial securities referred to in Article L. 411-2 (1) of the Monetary and Financial Code shall be subject to the provisions of this Chapter if the offer:
is not exclusively conducted on a crowdfunding website in accordance with Article 325-32; or
concerns financial securities that are not admitted to trading on a regulated market, a multilateral trading facility organised as defined in Article 525-1 or a multilateral trading facility; or
concerns financial securities whose admission for trading on these markets is not requested.
II. – Any person or entity making an offer of the kind specified in Article L. 411-2 (1) of the Monetary and Financial Code concerning financial securities whose admission to trading on a multilateral trading facility organised as defined in Article 525-1 is requested for the first time, shall publish and make available to any interested person, prior to any subscription or purchase, an offering document drawn up under its responsibility in accordance with the rules of the relevant market and subject to the prior control of the market operator.
III. – In the case of offers made via a crowdfunding website on the terms set out in Article 325-32 and which are not subject to a prospectus approved by the AMF, the issuer shall provide, via said website and prior to any subscription, a document whose content is stipulated in Article 217-1.
Head of publications: The Executive Director of AMF Communication Directorate. Contact: Communication Directorate – Autorité des marches financiers 17 place de la Bourse – 75082 Paris cedex 02