PRESENTATION & SYNTHESIS OF THE LAWYER DASP REGISTRATION FRANCE
The law firm of Maître Jonathan POUGET, a doctor of law and a Lawyer DASP Registration France, provides advice and represents your interests regardless of your geographical location.
The acronym “DASP” refers to the status of “Digital Asset Service Provider.”
The firm acts with dedication and expertise and takes all necessary measures to protect, enhance, and preserve your financial rights and interests. Email: jonathan@pouget-avocat.fr / Tel: +33607625574.
I. Determine if the obligation to register as a DASP applies to your company.
Indeed, the French Financial Markets Authority (AMF) distinguishes two scenarios:
1. The obligation to register as a DASP.
2. The option to obtain an authorization.
The nature of your company’s activities will determine whether the obligation to register as a DASP applies. Your Lawyer DASP Registration France will determine if this mandatory registration is required for your company. If the answer is positive, they will undertake the necessary steps for DASP registration.
II. Cases where registration as a DASP is mandatory
The French Financial Markets Authority (AMF) specifies that the registration as a Digital Asset Service Provider (DASP) is mandatory if your company engages in at least one of the following four activities:
1. Custody of digital assets;
2. Custody of means of access to digital assets on behalf of third parties;
3. Buying or selling digital assets in legal tender currency;
4. Exchange of digital assets for other digital assets;
5. Operation of a digital asset trading platform.
The AMF also clarifies that the following activities are considered as digital asset services that require registration as a DASP:
1. Staking (which may involve immobilizing a quantity of digital assets within a portfolio against a counterpart);
2. Cryptolending (which may correspond to lending of cryptocurrencies).
III. Compile the registration dossier
Your Lawyer DASP Registration France will compile the registration dossier in compliance with:
1. The provisions of the Monetary and Financial Code;
2. The regulations of the French Financial Markets Authority (AMF);
3. The regulations of the French Prudential Control and Resolution Authority (ACPR).
Non-exhaustively, these legal sources stipulate that the registration dossier must include:
1. Identification details and integrity information of the company’s executives and certain shareholders;
2. Identification of the activities that will be carried out by the company and their geographical distribution;
3. Identification of the digital assets that will be the subject of services;
4. Specifics about the targeted clientele;
5. Preparation of a detailed organizational chart;
6. Creation of a detailed diagram of digital asset flows and reverse flows in currencies.
etc.
Your Lawyer DASP Registration France also ensures compliance with the company’s best practices in the fight against money laundering and terrorist financing (AML/CFT), which is essential for registration as a Digital Asset Service Provider (DASP):
1. Implementation of risk classification;
2. Organization of AML/CFT measures (internal control and customer due diligence);
3. Establishment of procedures regarding suspicious transactions;
4. Establishment of procedures for asset freezing.
etc.
Finally, your Lawyer DASP Registration France ensures compliance with the applicable capital requirements, which is also necessary for registration as a digital asset service provider (DASP).
Your Lawyer is competent to handle any other requests related to DeFi, Blockchain, and new technologies in general. They can also intervene in matters concerning your privacy interests.
Lawyer DASP Registration France
Contacter le cabinet
0607625574
