Tax & Finance

#ECOT2604985A18 Mart 2026 tarihli, 20 Ağustos 2019 tarihli, L. 440-2 maddesinin 7. fıkrasında belirtilen üçüncü ülkelerin belirlenmesine ilişkin kararnamenin değiştirilmesine dair karar

🇫🇷France··Other·Medium Impact·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

This regulation updates the list of non-EU countries recognized under French financial law to include Australia, Canada, the United States, Guernsey, Hong Kong, the Cayman Islands, Jersey, Japan, the United Kingdom, Singapore, and Switzerland. It also clarifies that the regulation applies to New Caledonia, French Polynesia, and the Wallis and Futuna Islands. Lastly, it renumbers the articles for clarity.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.

Key Changes

  • Updated list of recognized non-EU countries
  • Clarified applicability to overseas territories

Obligations

What this law requires

high

Recognize and treat Australia, Canada, the United States, Guernsey, Hong Kong, the Cayman Islands, Jersey, Japan, the United Kingdom, Singapore, and Switzerland as third countries under article L. 440-2 of the French Monetary and Financial Code

Financial institutions and competent authorities applying French financial law
operational
high

Apply the updated list of designated third countries to financial operations and regulatory determinations under article L. 440-2

Financial institutions subject to French financial regulation
operational
medium

Apply the provisions of this arrêté in New Caledonia, French Polynesia, and the Wallis and Futuna Islands in their form resulting from the March 18, 2026 amendment

Financial institutions and competent authorities operating in New Caledonia, French Polynesia, and the Wallis and Futuna Islands
operational
medium

Update internal procedures and compliance frameworks to reflect the renumbered articles and new designated third country list

Financial institutions and compliance teams
operational
high

Recognize Australia, Canada, the United States, Guernsey, Hong Kong, the Cayman Islands, Jersey, Japan, the United Kingdom, Singapore, and Switzerland as third countries under Article L. 440-2(7) of the French Monetary and Financial Code

French financial institutions and competent authorities
operational

Affected Parties

Financial institutions operating in or with the listed countriesBusinesses involved in international trade with these countries

Tags

financial regulation,international trade