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Home | French Legislation Articles | French Monetary and Financial Code | Legislative part | Book VI: Banking and financial institutions | Title I: Institutions responsible for regulation and control | Chapter III: Provisions specific to credit institutions, finance companies, investment firms, electronic money institutions, payment institutions and central counterparties | Section 4: Measures to prevent and manage banking crises | Subsection 10: Provisions relating to the resolution procedure | Paragraph 2: Provisions relating to the implementation of a resolution measure | Sub-paragraph 6: Provisions relating to the implementation of an internal bail-out measure | Article L613-55-10 of the French Monetary and Financial Code

French Monetary and Financial Code
- Legislative part
  - Book VI: Banking and financial institutions
    - Title I: Institutions responsible for regulation and control
      - Chapter III: Provisions specific to credit institutions, finance companies, investment firms, electronic money institutions, payment institutions and central counterparties
        Section 4: Measures to prevent and manage banking crises
        Subsection 10: Provisions relating to the resolution procedure
        Paragraph 2: Provisions relating to the implementation of a resolution measure
        Sub-paragraph 6: Provisions relating to the implementation of an internal bail-out measure

Article L613-55-10 of the French Monetary and Financial Code

Article L613-55-10 of the French Monetary and Financial Code

November 7, 2023
5:36 am

By way of derogation from Articles L. 613-55-8 and L. 613-55-9, where the collège de résolution directly supervises the person subject to a resolution procedure pursuant to the provisions of paragraph 1 of this sub-section, it shall draw up with the collège de supervision the plan for the reorganisation of that person’s activities provided for in Article L. 613-55-8.

Original in French 🇫🇷

Article L613-55-10

Par dérogation aux articles L. 613-55-8 et L. 613-55-9, lorsque le collège de résolution contrôle directement la personne soumise à une procédure de résolution en application des dispositions du paragraphe 1 de la présente sous-section, il élabore avec le collège de supervision le plan de réorganisation des activités de cette personne prévu à l’article L. 613-55-8.

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