French Legislation In English

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Showing 30713080 of 58573 articles for Art. 150 VI and 150 VM

French Monetary and Financial CodeIn force
Section 4: Measures to prevent and manage banking crises

Article L613-44-1

…jurisdiction with the requirements set pursuant to Article L. 613-44 in coordination with the supervisory college. Where the resolution college, or the supervisory college, finds that the persons ref…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Section 4: Measures to prevent and manage banking crises

Article L613-47

…Before implementing a measure to reduce the nominal value or conversion of own funds instruments and eligible commitments or a resolution measure, the resolution college shall ensure that a fair, p…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Section 4: Measures to prevent and manage banking crises

Article L613-46-5

I. - Where the supervisory board is the competent authority to supervise the entity party to the agreement considering granting its support, it may authorise, prohibit or restrict the scope of a suppo…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 2: Provisions relating to the implementation of a resolution measure

Article L613-50

…he continuity of critical functions ; 2° Avoid significant negative effects on financial stability; and 3° Protect the resources of the State by reducing as far as possible recourse to exceptional pub…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 2: Provisions relating to the implementation of a resolution measure

Article L613-50-4

I. - Provided that the essential obligations of the contract continue to be met, in particular the obligations to pay and deliver financial instruments and the guarantee obligations, the implementatio…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Section 4: Measures to prevent and manage banking crises

Article L613-46-1

I. - Where the supervisory board is responsible for the supervision of a group on a consolidated basis, the request for authorisation provided for in III of Article L. 613-46 shall be sent to the supe…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Section 4: Measures to prevent and manage banking crises

Article L613-45

…formed that a credit institution or investment firm has adopted an early intervention measure as provided for in Article L. 511-41-5, the resolution board may order the institution or investment firm…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Section 4: Measures to prevent and manage banking crises

Article L613-46

I. - Notwithstanding any provision or stipulation to the contrary, entities in the same group may enter into an agreement, to which the rules of this sub-section apply, the purpose or effect of which…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Section 4: Measures to prevent and manage banking crises

Article L613-48-4

…on concerned attached to an equity instrument or eligible commitment that has been reduced shall survive only in proportion to its new value. Without prejudice to their possible conversion into equity…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 2: Provisions relating to the implementation of a resolution measure

Article L613-50-1

Without prejudice to the provisions of this section and to the European Union's legal regime on State aid, the collège de résolution may not rely on any provision or stipulation the application of whi…

AI translation · Updated 7 Nov 2023Open Article
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Mariela Petrova

Mariela Petrova

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