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Showing 15811590 of 62236 articles for Art. L 1237-1 et seq.

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 L613-48-1

I. - The resolution board shall take the measures referred to in I of Article L. 613-48 when it considers that one or more of the following conditions are met: 1° It has been established, prior to the…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Subsection 6: Provisions specific to the adoption of one or more early intervention measures

Article L613-45-1

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 provisions of…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 3: Provisions relating to the analysis of the group's resolvability

Article L613-43-1

I. - When the consolidated resolution authority of another Member State of the European Union refers a matter to the resolution college in its capacity as resolution authority of a subsidiary in order…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 1: Conditions for initiating resolution proceedings

Article L613-49-1

I. - The resolution board may only take one or more resolution measures in respect of a financial institution mentioned in 3° of I of Article L. 613-34 if the conditions for triggering a resolution pr…

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

Article L613-52-1

With the agreement of the purchaser, the College of Resolution may return to its original owner any item that has been transferred pursuant to the first paragraph of Article L. 613-52, without the lat…

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 L613-55-1

I. - The following commitments may not be written down or converted, regardless of the legal regime applicable to them: 1° Covered deposits defined in application of 2° of article L. 312-16 or covered…

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 L613-55-11

I. - When the collège de résolution implements a measure in application of the provisions of sub-section 9 of this section, of I of Article L. 613-55, of 1° of I of Article L. 613-55-4, of I of Articl…

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 L613-54-1

I. - Any property, right or obligation acquired by the asset management vehicle may be transferred back to its original owner. Except where the transferee is a bridge institution, this transfer does n…

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 L613-56-1

I. - Except in the cases provided for in 2° of I of Article L. 613-55-1, the resolution college may cancel debt instruments and other eligible commitments issued by a person referred to in I of Articl…

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

Article L613-50-10

For each person referred to in I of Article L. 613-34, the methods used to set the remuneration of the senior executives responsible within the meaning of Articles L. 511-13 and L. 532-2 and of the ca…

AI translation · Updated 7 Nov 2023Open Article
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