Act 2007
Loi n° 1.338 du 7 septembre 2007 sur les activités financières (Law 1,338 on financial activities)
Plain-English summary
Requires CCAF approval for portfolio management, management of collective investment undertakings, order reception, transmission and execution, advice and proprietary trading carried out on a professional basis. Article 10 creates the CCAF and articles 34-39 set the warning, reprimand, suspension and revocation procedure.
Who it applies to
Capital Markets · Asset & Wealth Management
Topics
Conduct & Consumer Protection Market Integrity & Securities
Obligations arising from this law or regulation
| Obligation | Timing | Regulator | Source | Detail |
|---|---|---|---|---|
| Prior approval to carry on financial activities | Deadline Before starting the activity | CCAF | source | |
Art. 2 requires prior CCAF approval for portfolio management, fund management, order reception, transmission and execution, advice and proprietary trading, with limited exceptions for group entities. Art. 3 limits approval to Monegasque sociétés anonymes or branches of foreign credit institutions. |
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| No obligations match these filters. | ||||
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