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PEA: French courts confirm the right to transfer without set deadlines

The AMF's sanctions committee strengthens case law on transfers of French equity savings plans (PEA).

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The fact

No legal deadline exists, but banks must process requests without undue delay.

Investors can hold their institutions accountable for blocking transfers.

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Why it matters

Les épargnants disposent désormais d'un recours juridique clair pour contester les retards de transfert de leur PEA, avec une jurisprudence consolidée par l'AMF. Cela pourrait inciter les banques à accélérer leurs procédures pour éviter des sanctions.

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