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Article L517-17 of the French Monetary and Financial Code

When the Autorité de contrôle prudentiel et de résolution has established that the conditions set out in Article L. 517-14 are no longer met, the financial holding company, the parent undertaking of a finance company or the mixed financial holding company shall apply for approval in accordance with Article L. 517-12.

Original in French 🇫🇷
Article L517-17

Lorsque l’Autorité de contrôle prudentiel et de résolution a établi que les conditions énoncées à l’article L. 517-14 ne sont plus remplies, la compagnie financière holding, l’entreprise mère de société de financement ou la compagnie financière holding mixte sollicite une approbation conformément à l’article L. 517-12.

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