Modified provisions of the AMF General Regulation for digital asset service providers cover “security and internal control systems, systems for managing conflicts of interest, clear, accurate and non-misleading information, public pricing policies, specific custody provisions (segregation of client assets vs. own assets),” and bans firms from using client assets without their express prior consent.
Source: https://www.coindesk.com/policy/2023/08/10/france-steps-closer-to-implementing-mica-for-crypto-firms/?utm_medium=referral&utm_source=rss&utm_campaign=headlines