Section 2: Trading platforms

Articles in this section · 1

Article L762-4

French Monetary and Financial CodeIn force

Updated 6 Nov 2023

I.-The provisions of the articles mentioned in the left-hand column of the following table shall apply in New Caledonia, subject to the adaptations mentioned in II, in the wording indicated in the right-hand column of the same table:

Applicable articlesIn the wording resulting from
L. 421-1 to L. 421-7-2Order no. 2016-827 of 23 June 2016
L. 421-7-3 Law no. 2019-486 of 22 May 2019
L. 421-7-4 and L. 421-7-5 Order no. 2016-827 of 23 June 2016
L. 421-8 Order no. 2007-544 of 12 April 2007
L. 421-9 Ordinance no. 2016-827 of 23 June 2016
L. 421-10 Law no. 2023-171 of 9 March 2023 containing various provisions for adapting to European Union law in the fields of the economy, health, labour, transport and agriculture
L. 421-11 Order no. 2017-1107 of 22 June 2017
L. 421-12 Law no. 2021-1308 of 8 October 2021
L. 421-14 with the exception of IILaw no. 2016-1691 of 9 December 2016
L. 421-15 Order no. 2016-827 of 23 June 2016
L. 421-16 Law no. 2019-486 of 22 May 2019
L. 421-17 with the exception of its last paragraphOrder no. 2016-827 of 23 June 2016
L. 421-18 Order no. 2007-544 of 12 April 2007
L. 421-19Ordinance no. 2016-827 of 23 June 2016

II.-For the application of I:
1° In article L. 421-2, the words: on the territory of mainland France or the overseas departments or the Department of Mayotte or Saint-Martin are replaced by the words: in France ;

1° bis (Repealed);
2° In Article L. 421-12, the words: of the Banque de France provided for in II of Article L. 141-4 are replaced by the words: of the Institut d'émission d'outre-mer provided for in Article L. 721-20;
3° In article L. 421-14, the references to the units mentioned inarticle L. 229-7 of the Environment Code are deleted;
4° In article L. 421-16:
a) The first paragraph of II is worded as follows: In the event of exceptional circumstances threatening the stability of the financial system, the Chairman of the Autorité des marchés financiers or his representative may take measures restricting trading conditions for financial instruments for a period not exceeding twenty days. The application of these provisions may be extended and, where appropriate, their terms may be adapted by the AMF Board for a period not exceeding three months from the date of the Chairman's decision;
b) In III, the words: provided for in Article 23 of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012 on short selling and certain aspects of credit default swaps, are replaced by the words: , where the price of a financial instrument on a trading venue has, in a single trading day, fallen significantly on that venue compared to the closing price on the previous trading day .

Mariela Petrova

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Working with a corporate lawyer in France — Q&A

Any time a strategic decision changes how the company is owned, governed or contractually bound — incorporation, fundraising, M&A, restructuring, shareholder agreements, or major commercial contracts. Earlier engagement always costs less than later remediation.

A notary (notaire) is a public officer who authenticates specific deeds (mainly real-estate transfers and certain family-law acts). A corporate lawyer (avocat) advises on strategy, negotiates and drafts company documents, and represents you in disputes. The two roles complement rather than overlap.

Yes — most of our clients are foreign suppliers, investors or holding entities. We bridge the gap between French law and your home jurisdiction's expectations and deliver everything bilingually.

The SAS (Société par Actions Simplifiée) is the default choice for most international structures: flexible governance, single shareholder allowed, no minimum capital, and works cleanly with foreign holding entities. We assess SARL, SA, SCI on the merits when the situation calls for it.

Yes — communications with a French avocat are protected by the secret professionnel (Article 66-5 of the Law of 31 December 1971). This protection is broader than the common-law attorney-client privilege and applies to written and oral exchanges.

We work on fixed fees for clearly scoped engagements (incorporation, contract drafting, audits) and on monthly retainers for ongoing advisory. Hourly billing is the exception, not the default. You always know the cost before work starts.

Typical timeline is 2–3 weeks from KYC kick-off to RCS registration, assuming standard documentation. Holding-company structures, foreign-shareholder identification or in-kind contributions can extend this — we flag the gating items at the first meeting.

Absolutely. We routinely coordinate with your in-house counsel, expert-comptable or notaire — pragmatic collaboration is the norm, not the exception. We send them everything they need to do their part without duplicating work.

Mariela Petrova

Mariela Petrova

Avocate au Barreau de Paris

Toque #C2396

15+ Years In Corporate Practice

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Communications protected by professional secrecy — secret professionnel de l'avocat, Article 66-5 of the Law of 31 December 1971.

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