French Legislation In English

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Showing 23112320 of 15236 articles for Art. s. 496 et 504

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

Article L613-53-4

I. - The provisions of this sub-paragraph cease to apply when one of the following conditions is met: 1° The establishment-relais merges with another person ; 2° The bridge institution no longer meets…

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 L613-55-8

…ircumstances, the one-month period referred to in I and II may be extended by a maximum of two months.

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 L613-55-10

By way of derogation from Articles L. 613-55-8 and L. 613-55-9, where the collège de résolution directly supervises the person subject to a resolution procedure pursuant to the provisions of paragraph…

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

Article L613-50-9

…nsidering taking a write-down, conversion, transfer or other resolution measure in respect of an asset located in a third country or in respect of rights, undertakings, capital securities referred to…

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 L613-55-4

…2° Provided that, in accordance with the valuation carried out pursuant to Article L. 613-47, the net worth of the credit institution or investment firm subject to a resolution procedure is positive,…

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

…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 suffer, as a result of a measure to tr…

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

Article L613-50-6

…rities referred to in Chapter II of Title I of Book II or other ownership securities, as well as assets, rights or obligations of a person subject to a resolution procedure or a bridge institution sha…

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 L613-53-1

…ard of Directors, the Supervisory Board or any other body exercising equivalent supervisory functions. It approves their remuneration. It also approves the strategy and risk profile of the bridge inst…

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 L613-55-12

The conversion of eligible liabilities or additional tier 1 or tier 2 capital instruments into equity securities as referred to in Chapter II of Title I of Book II or into other forms of property is e…

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 L613-56-4

…e into account the possible impact of this decision on the orderly functioning of the financial markets. Where an obligation to pay or deliver financial instruments becomes due during the suspension p…

AI translation · Updated 7 Nov 2023Open Article
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Mariela Petrova

Mariela Petrova

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