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Showing 451460 of 69142 articles for Art. L 3312-1 s. and L 3312-5

French Monetary and Financial CodeIn force
Paragraph 2: Provisions relating to the implementation of a resolution measure

Article L613-50

I. - When implementing a resolution measure, the College of Resolution shall take into account the objectives of the resolution. These objectives are as follows: 1° To ensure the continuity of critica…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Subsection 10: Provisions relating to the resolution procedure

Article L613-58

I. - When it has adopted a resolution measure in respect of a person referred to in I of Article L. 613-34, the resolution board shall fulfil the obligations set out in II and III as soon as circumsta…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 2: Provisions relating to the implementation of a resolution measure

Article L613-52

The resolution college may decide to transfer, on one or more occasions, to one or more purchasers other than a bridge institution, all or part of the equity securities mentioned in Chapter II of Titl…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 2: Provisions relating to the implementation of a resolution measure

Article L613-56

I. - The collège de résolution may require the issue of new equity securities mentioned in Chapter II of Title I of Book II or other ownership securities or other equity instruments, including prefere…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 2: Provisions relating to the implementation of a resolution measure

Article L613-53

I. - The resolution board may use a bridging institution to acquire, on one or more occasions, on a provisional basis and with a view to a sale under the conditions it sets, in compliance with competi…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 2: Provisions relating to the implementation of a resolution measure

Article L613-51

Where it decides to implement the measures referred to in this subsection in respect of a person referred to in I of Article L. 613-34 of the measures referred to in this sub-section, the resolution b…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Subsection 10: Provisions relating to the resolution procedure

Article L613-57

I. - The collège de résolution shall ensure that no holder of equity securities referred to in Chapter II of Title I of Book II or of other ownership securities or creditor of a person referred to in…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 2: Provisions relating to the implementation of a resolution measure

Article L613-55

I. - Commitments which may be used for the internal replenishment of a person subject to a resolution procedure may be written down or converted into Tier 1 capital instruments in order to pursue one…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Paragraph 2: Provisions relating to the implementation of a resolution measure

Article L613-54

I. - The resolution board may use one or more asset management structures to which all or part of the assets, rights or obligations of a person subject to a resolution procedure or a bridge institutio…

AI translation · Updated 7 Nov 2023Open Article
French Monetary and Financial CodeIn force
Single chapter: The Autorité des marchés financiers

Article L621-5

A decree in the Conseil d'Etat shall set the conditions and limits under which : 1° The Board may delegate authority to the Chairman or, if the Chairman is absent or unable to act, to another of its m…

AI translation · Updated 7 Nov 2023Open Article
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