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Showing 121130 of 69543 articles for Art. 515-5-1 and 515-5-2

French Monetary and Financial CodeIn force
Subsection 1: Supervision on a consolidated basis by the Autorité de contrôle prudentiel et de résolution and college of supervisors

Article L613-20-5

…the European Banking Authority, the competent central banks of the European System of Central Banks and the European Systemic Risk Board. It shall provide them with all the information necessary for t…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Subsection 2: Supervision on a consolidated basis by a competent authority of another Member State of the European Union or of another State party to the Agreement on the European Economic Area

Article L613-21-5

…ty within the meaning of Article 4(1)(40) of Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 relating to the required level of own funds or to the measures to…

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
French Monetary and Financial CodeIn force
Sub-paragraph 3: Provisions relating to the transfer of activities

Article L613-52-2

…vement of the objectives of the resolution mentioned in I of Article L. 613-50. II. - Subject to IV and Article L. 613-58-1, this transfer is not subject to compliance with any procedural requirements…

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 L613-53-2

Any item acquired by the bridge institution pursuant to I of Article L. 613-53 may be returned to its original owner, who may not object, or transferred to a third party. This new transfer may only be…

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 L613-56-2

I. - Subject to the provisions of III and V of Article L. 613-57-1, the collège de résolution may release the financial instruments defined in Article L. 211-1, rights, assets or commitments of the pe…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Sub-paragraph 2: Provisions relating to the administration of the person subject to a resolution procedure

Article L613-51-2

The resolution college may dismiss and replace the members of the management board, the senior management or any other person who effectively manages the business within the meaning of Articles L. 511…

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 L613-55-2

…bail-out measure, the collège de résolution shall comply with the provisions of Articles L. 613-55 and L. 613-55-1.

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 L613-57-2

The implementation of a measure for the partial transfer of the assets, rights and obligations of a person subject to resolution proceedings or of a measure pursuant to II of Article L. 613-56-3 shall…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 1: Provisions relating to the college of resolution authorities and the college of European resolution authorities

Article L613-59-2

Where the resolution college exercises the powers provided for in this section at group level, it shall coordinate the exchange of all relevant information between the resolution authorities. In parti…

AI translation · Updated 7 Nov 2023Open Article
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