Article 325-70 into force from to
- Version into force from to
The association shall establish written admission, individual professional activity monitoring and disciplinary procedures for its member crowdfunding investment advisers.
The procedures defining the admission criteria take into account, inter alia, of the level of professional skill and the ability of the applicant to comply with the business conduct and organisational rules applicable to it.
The association shall inform the AMF promptly of any refusal to admit an applicant on account of its professional skills, and shall inform the applicant of the grounds for such refusal.
The association shall also establish written procedures to monitor members' compliance with applicable laws, regulations and ethical rules.
The association shall carry out an on-site verification of each of its members at least once every three years. Where applicable, the verifications delegated by the AMF to the association pursuant to Article L. 621-9-2 of the Monetary and Financial Code shall be taken into account for the purposes of the present paragraph.
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