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Article 722-2 into force since

  • Version into force since
ELI : /en/eli/fr/aai/amf/rg/article/722-2/20191219/notes

A digital assets custodian may use a third party (“sub-custodian”) to perform the duties described in Article D. 54-10-1 of the Monetary and Financial Code if it complies with the following conditions:

  1. The sub-custodian is not used for all of the tasks incumbent on the custodian; and

  2. The custodian ensures that the services providers it uses comply with the obligations for which it is responsible.

The digital assets custodian's responsibility to its client is not affected by the fact that it uses a sub-custodian.