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Book III - Service providers
Title II - Other service providers
Chapter I - Custody account-keepers
Section unique - Provisions relating to custody account-keeping - terms of reference for the custody account-keeper
Sub-section 4 - Professional obligations of the issuer entities considered in their capacity as custody account-keepers and provisions relating to the administration of registered financial securities
Paragraph 1 - General provisions
Article 322-50 from 02/11/2024

Article 322-50 into force since

  • Version into force since
ELI : /en/eli/fr/aai/amf/rg/article/322-50/20241102/notes

Where a holder of registered financial securities uses the option which is given to it by the first paragraph of Article R. 211-4 of the Monetary and Financial Code to entrust to an account keeper-custodian intermediary, mentioned in Article L. 211-3 of the said code, the responsibility for their administration, it shall sign with this latter a mandate based on a template set out in an instruction from the AMF. This mandate shall be notified by the said intermediary to the issuer legal entity. When the administration relates to registered financial securities recorded in a distributed ledger system admitted to trading on a DLT market infrastructure, the provisions of Articles 322-72-4, 322-72-5, 322-72-7 and 322-72-8 shall apply.

Where the administration mandate entrusted to this account keeper-custodian intermediary is terminated, this latter shall so inform the legal issuer entity.