French Monetary and Financial Code
In forceI. - The Autorité de contrôle prudentiel et de résolution shall notify the Autorité des marchés financiers of decisions relating to the authorisation or empowerment of the persons referred to in 2° of A of I ofArticle L. 612-2 and decisions relating to the authorisation of credit institutions providing investment services.
II. - The Autorité de contrôle prudentiel et de résolution shall immediately notify the European Banking Authority of decisions relating to the authorisation, registration or licensing of the following persons:
1° The persons mentioned in 1°, 3° and 8° of A of I of Article L. 612-2 ;
2° The persons mentioned in 2°, 3° and 4° of Article L. 612-21.
Where the decision concerns the withdrawal of authorisation or registration, the Autorité de contrôle prudentiel et de résolution will also communicate the reasons for the withdrawal.
III. - At least once a year, the Autorité de contrôle prudentiel et de résolution communicates the list of financial holding companies and mixed financial holding companies to the competent authorities of the other Member States of the European Union and the other States party to the Agreement on the European Economic Area, the European Commission and the European Banking Authority.
IV. - The Autorité de contrôle prudentiel et de résolution shall notify the European Commission and the European Banking Authority at least once a year of the number and nature of cases in which it has refused to allow a credit institution with its registered office in France to set up a branch in another Member State of the European Union or another State party to the Agreement on the European Economic Area in order to provide banking services or to continue its business following a change of situation.
V. - At least once a year, the Autorité de contrôle prudentiel et de résolution provides the European Banking Authority with the list of credit institution managers authorised to hold an additional mandate, in accordance with II ofArticle L. 511-52.
At least once a year, the Autorité de contrôle prudentiel et de résolution communicates to the Autorité des marchés financiers, which forwards it to the European Securities and Markets Authority, the list of investment firm managers authorised to hold an additional mandate, in accordance with II ofArticle L. 533-26.
VI.At least once a year, the Autorité de contrôle prudentiel et de résolution shall send the European Banking Authority :
1° The authorisations issued to branches of credit institutions having their registered office in a State that is not a member of the European Union or a party to the Agreement on the European Economic Area, as well as any subsequent amendments thereto;
2° For each branch mentioned in 1°, the name of the group to which it belongs whose parent undertaking is established in a third country, as well as the total assets and liabilities declared to the ACPR.
VII. - At least once a year, the Autorité de contrôle prudentiel et de résolution provides the European Insurance and Occupational Pensions Authority with a list of supplementary occupational pension funds authorised pursuant to Article L. 382-1 of the French Insurance Code, supplementary occupational pension mutuals or unions authorised pursuant to Article L. 222-18 of the Mutual Code, institutions for supplementary occupational retirement provision authorised pursuant to Article L. 942-7 of the Social Security Code, and legal entities administering an institution for collective occupational retirement provision mentioned in Article 8 of Order 2006-344 of 23 March 2006 relating to supplementary occupational retirement provision and authorised pursuant to 5° of Article L. 542-1 and Article R. 542-1 of this Code.
This list indicates, for each supplementary occupational pension scheme, supplementary occupational pension mutual or union, supplementary occupational pension institution and legal entity administering a collective occupational pension institution mentioned in the previous paragraph and authorised in France, the other Member States of the European Union and the other States party to the Agreement on the European Economic Area in which these schemes operate.
