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Showing 42714280 of 69033 articles for Art. 489 al. 1 and Art. 490 al. 2

French Monetary and Financial CodeIn force
Subsection 1: General provisions

Article L613-34-2

In carrying out the tasks referred to in 4° of II of Article L. 612-1, the college of supervisors and the college of resolution shall take into account the nature of the activities of the entity conce…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Subsection 1: Measures specific to the safeguarding, reorganisation or liquidation of credit institutions, finance companies, investment firms, electronic money institutions and payment institutions.

Article L613-30-2

…ening of safeguard, receivership or liquidation proceedings, as well as any enforcement proceedings and any equivalent legal proceedings opened under foreign law against an electronic money institutio…

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French Monetary and Financial CodeIn force
Paragraph 1: Common provisions

Article L613-41-2

Without prejudice to the rules on large exposures set out in Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 in Articles L. 511-41 and L. 533-2, the resolutio…

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French Monetary and Financial CodeIn force
Paragraph 1: Conditions for initiating resolution proceedings

Article L613-49-2

Notwithstanding any provision to the contrary, in particular Articles L. 640-4 and L. 640-5 of the French Commercial Code, compulsory liquidation proceedings instituted by Book VI of the French Commer…

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French Monetary and Financial CodeIn force
Subsection 9: Provisions relating to the adoption and implementation of a measure to reduce and convert own funds instruments

Article L613-48-2

I. - The determination that a person referred to in I of Article L. 613-34 or a group is in the situation referred to in 3° of I of Article L. 613-48-1 shall be made by the collège de résolution with…

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French Monetary and Financial CodeIn force
Paragraph 4: Notifications

Article L613-40-2

The resolution college shall notify the supervisory college and, where applicable, the competent authorities of the Member States concerned of the plans it has drawn up or updated pursuant to Articles…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Subsection 7: Provisions relating to the conclusion, assessment and implementation of group financial support agreements

Article L613-46-2

…pose of reaching a joint decision on a request for authorisation provided for in III of Article L. 613-46, the supervisory college shall provide all the cooperation required. In particular, it shall e…

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French Monetary and Financial CodeIn force
Sub-paragraph 1: General provisions

Article L613-50-2

…or 6 of this paragraph implies the granting of an authorisation in application of I of Article L. 511-12-1 or Article L. 531-6, the supervisory board shall give its decision as quickly as possible so…

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French Monetary and Financial CodeIn force
Sub-paragraph 3: Provisions relating to the transfer of activities

Article L613-52-2

…nion's legal regime on state aid, the resolution board may waive the provisions of I of Article L. 613-50-6 if their implementation is likely to compromise the achievement of the objectives of the res…

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French Monetary and Financial CodeIn force
Sub-paragraph 4: Provisions relating to the setting up of a relay establishment

Article L613-53-2

Any item acquired by the bridge institution pursuant to I of Article L. 613-53 may be returned to its original owner, who may not object, or transferred to a third party. This new transfer may only be…

AI translation · Updated 7 Nov 2023Open Article
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