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Showing 23712380 of 56760 articles for Art. n°² 96-17.280 and 97-13.423

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

Article L613-49-3

Where warranted by the implementation of resolution measures, the Chairman of the Autorité de contrôle prudentiel et de résolution, at the request of the collège de résolution, may ask any court to st…

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

…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 I and II of Artic…

AI translation · Updated 7 Nov 2023Open Article
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 L613-48-3

…ticle L. 613-55-4.II. - The reduction in nominal value or conversion of other own funds instruments and eligible commitments is carried out in the following order of priority:1° First, the principal o…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 2: Provisions relating to the analysis of resolvability on an individual basis

Article L613-42

…ns mentioned in I of Article L. 613-41, it shall notify the person concerned, the supervisory board and, where applicable, the resolution authorities responsible for branches of significant importance…

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

…ng the measures provided for in III of Article L. 613-42 with regard to all the credit institutions and investment firms that are part of the group, the collège de résolution shall provide all the coo…

AI translation · Updated 7 Nov 2023Open Article
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 L613-48-5

The resolution college shall require, where necessary to carry out a conversion measure referred to in I of Article L. 613-48, that the person concerned issue Tier 1 core capital instruments to holder…

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

Article L613-49-1

…procedure mentioned in II of Article L. 613-49 are met in respect of both the financial institution and the parent undertaking supervised on a consolidated basis. II. - The resolution college may only…

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 L613-46-6

…ing Authority on the basis of Article 31 of Regulation (EU) No 1093/2010 of the European Parliament and of the Council of 24 November 2010. The decision of the competent authority is applicable in Fra…

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 L613-46-7

Where a decision resulting from Articles L. 613-46-5 and L. 613-46-6 affects the preventive recovery plan of an entity or group drawn up pursuant to the provisions of sub-section 2 of this section by…

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

Article L613-50-2

When the implementation of a resolution measure in application of the provisions of sub-paragraphs 3, 4, 5 or 6 of this paragraph implies the granting of an authorisation in application of I of Articl…

AI translation · Updated 7 Nov 2023Open Article
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Mariela Petrova

Mariela Petrova

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