French Investment Firms Permitted to Carry Out More Nonfinancial Activities
By EsqSocial Corporation 27/01/21
An order was published on December 23, 2020, amending the order of September 5, 2007, relating to the nonfinancial activities that French investment firms may conduct. As a matter of principle, and similarly to credit institutions, investment firms in France are meant to carry out only those activities that are expressly provided for by statutes. In addition to investment services and listed ancillary services, the order of September 5, 2007, authorized investment firms to provide services...
By: Jones Day