French Monetary and Financial Code
In forceI. - Subject to the adaptations provided for in II and III, the provisions of the articles mentioned in the left-hand column of the table below shall apply in French Polynesia, in the wording indicated in the right-hand column of the same table:
Applicable articles | In the wording resulting from the decree |
|---|---|
R. 214-187, R. 214-190 and R. 214-191 | n° 2013-687 of 25 July 2013 |
R. 214-192 | n° 2019-1078 of 22 October 2019 |
R. 214-193, R. 214-194, R. 214-196 to R. 214-202 | n° 2013-687 of 25 July 2013 |
R. 214-203-1, with the exception of the last paragraph | n° 2022-110 of 1 February 2022 |
R. 214-203-2 | n° 2018-1004 of 19 November 2018 |
R. 214-203-3 | n° 2016-1587 of 24 November 2016 |
R. 214-203-4 | n°2018-1004 of 19 November 2018 |
R. 214-203-5 | n° 2016-1587 of 24 November 2016 |
R. 214-203-6 | n° 2018-1004 of 19 November 2018 |
R. 214-203-7 to R. 214-203-9 | n° 2016-1587 of 24 November 2016 |
R. 214-204 | n° 2013-687 of 25 July 2013 |
R. 214-205 | n° 2020-1148 of 17 September 2020 |
R. 214-206 | n° 2019-1172 of 14 November 2019 |
R. 214-206-1 | n° 2016-1587 of 24 November 2016 |
R. 214-217, R. 214-218 and R. 214-221 to R. 214-226 | n° 2018-1004 of 19 November 2018 |
R. 214-230 | n° 2013-687 of 25 July 2013 |
R. 214-231, R. 214-234 to R. 214-235 | n° 2018-1004 of 19 November 2018 |
R. 214-240-1 | n° 2018-1004 of 19 November 2018 |
II. - For the application of I:
1° Provisions referring to the European Investment Bank are not applicable;
2° References to a Member State of the Organisation for Economic Co-operation and Development are deleted;
3° References to the head office, registered office or registered office of investment firms and credit institutions located in a Member State of the European Union or in another State party to the Agreement on the European Economic Area are replaced by references to the head office, registered office or registered office of investment firms and credit institutions located in France, in another Member State of the European Union or in another State party to the Agreement on the European Economic Area.
III. - For the application of the articles mentioned in the table above:
1° In article R. 214-203-4, the two occurrences of the words: "and financial undertakings within the meaning of Regulation (EU) No 2015/760 of the European Parliament and of the Council of 29 April 2015 on European investment funds" are replaced by the words: " credit institutions, investment firms, financial holding companies, portfolio management companies and AIF managers";
2° In Article R. 214-203-6, the words: "The exposure is calculated using the commitment calculation method as set out in Article 8 of Commission Delegated Regulation (EU) No 231/2013 of 19 December 2012" are replaced by the words: "The exposure is calculated according to the commitment calculation method in force in France, determined by the sum of the absolute values of all positions valued according to procedures ensuring that the net asset value per unit or per share, is calculated at least once a year by an independent valuation expert or by the AIF manager, when this task is independent of its portfolio management. "
3° In 3° of Article R. 214-225, the reference to Article D. 214-237 is deleted.
