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Article L517-19 of the French Monetary and Financial Code

When the Autorité de contrôle prudentiel et de résolution refuses to approve a financial holding company, a parent undertaking of a finance company or a mixed financial holding company, it may attach to its decision one of the measures provided for in Article L. 517-16.

Original in French 🇫🇷
Article L517-19

Lorsque l’Autorité de contrôle prudentiel et de résolution refuse l’approbation d’une compagnie financière holding, d’une entreprise mère de société de financement ou d’une compagnie financière holding mixte, elle peut assortir sa décision d’une des mesures prévues à l’article L. 517-16.

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