French Monetary and Financial Code
In forceI. - The Banque de France is authorised to obtain information from credit institutions, finance companies, electronic money institutions, participative finance intermediaries, the undertakings referred to in II of Article L. 511-7 and Articles L. 521-3, L. 525-4 and L. 525-5, payment institutions, investment firms, UCITS, AIFs covered by paragraphs 1, 2 and 6 of sub-section 2, paragraph 2 or sub-paragraph 1 of paragraph 1 of sub-section 3, and sub-section 4 of section 2 of chapter IV of title I of book II or their portfolio management companies, financial holding companies, insurance and reinsurance undertakings and supplementary occupational pension funds governed by the Insurance Code and industrial and commercial undertakings, all documents and information required for the performance of its basic duties.
II. - The Banque de France draws up France's balance of payments and international investment position. It contributes to the preparation of the balance of payments and international investment position of the euro area within the framework of the tasks of the European System of Central Banks, as well as to the preparation of European Union statistics on the balance of payments, international trade in services and foreign direct investment.
The Banque de France also monitors corporate financing.
III. - A decree sets the penalties applicable in the event of failure to comply with the reporting obligations mentioned in I and II.
IV. - The Banque de France, the Institut national de la statistique et des études économiques and the ministerial statistical departments shall transmit to each other, in compliance with the applicable legal provisions, the data they require to perform their respective duties. The methods of transmission are the subject of agreements.
Tax administration officials may communicate to the Banque de France any information in their possession that is necessary for the performance of the tasks mentioned in II.
