Article 722-27 into force since 19 December 2019

In order to provide the service, the services provider shall obtain from its clients the necessary information concerning their knowledge and experience of transactions on digital assets, their financial position, including their ability to bear losses, and their investment objectives, including their risk tolerance, so as to be able to recommend to them digital assets adequate and appropriate to their risk tolerance and their ability to bear losses. If, based on the information provided, it considers that the digital assets services or digital assets is not appropriate for the clients, especially potential clients, it shall notify them of this. If clients, especially potential clients, do not provide the information referred to above, or if the information provided is insufficient, it shall notify them that it is not able to determine whether the service or the digital asset proposed is suitable for them.