Products prohibited from canvassing include miscellaneous assets referred to in Article L. 551-1, products whose maximum risk is unknown at the time of subscription, and financial instruments that have been offered to the public without an approved prospectus.

An additional reflection period of forty-eight hours applies to certain non-advisory investment service transactions, in addition to the standard withdrawal period.

The criminal regime set out in Articles L. 353-1 to L. 353-4 of the CMF punishes canvassing without authorisation with penalties similar to those for fraud, namely five years' imprisonment and a 375,000 euro fine.

Responsibilities are shared between principals and canvassers. Principals are responsible for verifying good repute requirements, providing continuing professional development and ensuring ongoing supervision. Canvassers must present their canvassing card upon request during face-to-face canvassing.

The definition of banking and financial canvassing includes any unsolicited contact with a natural or legal person, by any means whatsoever, with a view to obtaining agreement on the execution of financial transactions. This also includes physically visiting individuals at their home, workplace or any location not intended for the marketing of financial products.

The withdrawal period is set at fourteen calendar days, as provided by Articles L. 341-14 to L. 341-16 of the CMF. This allows the client to cancel their commitment without justification or penalty during this period.

The canvassing card must be presented upon request during any face-to-face canvassing. It is not mandatory if the client does not request it.

The maximum duration of a mandate for financial canvassing is two years, renewable. This provision is set out in Article L. 341-3 of the Code monétaire et financier.