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Showing 441450 of 64020 articles for Art. 815-3 and 815-5

French Monetary and Financial CodeIn force
Subsection 2: Coordination of supervision of relations between regulated professions and their clients

Article L612-50

Each year, the Autorité de contrôle prudentiel et de résolution and the Autorité des marchés financiers jointly draw up a report on the activities of their joint division.

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Sub-paragraph 1: General provisions

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 4: Procedural obligations and rights of appeal

Article L613-58

…erred to in I of Article L. 613-34, the resolution board shall fulfil the obligations set out in II and III as soon as circumstances permit. II. - The resolution board shall notify its decision to the…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Sub-paragraph 3: Provisions relating to the transfer of activities

Article L613-52

…agreement of the purchaser.This transfer also concerns the accessories to the assigned receivables and the real or personal sureties guaranteeing them.Where the transfer relates to a branch of activi…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Sub-paragraph 7: Provisions relating to the implementation of other resolution measures

Article L613-56

…I of Book II or other ownership securities or other equity instruments, including preference shares and conditional convertible instruments by the following persons 1° The persons mentioned in I of Ar…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Sub-paragraph 4: Provisions relating to the setting up of a relay establishment

Article L613-53

…n board may use a bridging institution to acquire, on one or more occasions, on a provisional basis and with a view to a sale under the conditions it sets, in compliance with competition rules, all or…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Sub-paragraph 2: Provisions relating to the administration of the person subject to a resolution procedure

Article L613-51

…sub-section, the resolution board may decide to exercise, in respect of that person, all the rights and powers conferred on the holders of equity securities referred to in Chapter II of Title I of Boo…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 3: Provisions relating to the protection of rights in the context of a resolution procedure

Article L613-57

…II or of other ownership securities or creditor of a person referred to in I of Article L. 613-34, and the fonds de garantie des dépôts et de résolution under Article L. 613-55-5, does not incur or s…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Sub-paragraph 6: Provisions relating to the implementation of an internal bail-out measure

Article L613-55

…ply with the conditions of its authorisation, to continue the activities for which it is authorised and to maintain a sufficient level of confidence in that person on the part of the markets; 2° Reduc…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Sub-paragraph 5: Provisions relating to the establishment of an asset management structure

Article L613-54

…The collège de résolution shall determine the consideration in exchange for which assets, rights and obligations are transferred to the asset management vehicle in accordance with the principles se…

AI translation · Updated 7 Nov 2023Open Article
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Mariela Petrova

Mariela Petrova

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