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Book VII - Public offerings, applications for admission to trading of crypto-assets and crypto-asset services providers
Title II - Digital Assets Services Providers
Chapter II - Specific provisions applicable to licensed digital assets services providers
Section 1 - Provisions applicable to the service of custody of digital assets on behalf of third parties
Article 722-2 from 30/07/2023 to 29/06/2026

Article 722-2 into force from to

  • Version into force from to
ELI : /en/eli/fr/aai/amf/rg/article/722-2/20230730/notes

A digital asset custodian may use a third party to perform the duties described in Article D. 54-10-1 of the Monetary and Financial Code provided that it ensures that the service providers it uses comply with their obligations.

The liability of the digital asset custodian towards its client is not affected by the fact that it uses a third party.

The custodian shall comply with the requirements relating to outsourcing set out in particular in 8° of Article 721-3 and shall take all reasonable measures to avoid additional operational risks.

The custodian of digital assets on behalf of third parties using other service providers for the custody of digital assets shall inform its clients of this fact.