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Article R144-8 of the French Monetary and Financial Code

The General Council of the Banque de France appoints the auditors on the recommendation of the Governing Council of the European Central Bank and after approval by the Council of the European Union. The Statutory Auditors shall verify that the annual accounts are true and fair and give a true and fair view of the results of operations for the past financial year and of the financial position and assets…

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Article D144-12 of the French Monetary and Financial Code

I. – Information held by the Banque de France on company directors and sole traders may be communicated to the entities mentioned in article L. 144-1. II. – When it relates to decisions taken in the context of safeguard or receivership proceedings, the information referred to in I may only be disclosed if it is also recorded in the Trade and Companies Register. Where it refers to decisions taken in…

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Article R151-1 of the French Monetary and Financial Code

When making an investment as referred to in article R. 151-2, the following constitute an investor within the meaning of this chapter: 1° Any natural person of foreign nationality; 2° Any natural person of French nationality who is not domiciled in France within the meaning ofarticle 4 B of the General Tax Code ; 3° Any entity governed by foreign law; 4° Any entity governed by French law controlled by…

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Article R151-2 of the French Monetary and Financial Code

The following constitutes an investment within the meaning of Article L. 151-3: 1° acquiring control, within the meaning ofArticle L. 233-3 of the French Commercial Code, of an entity governed by French law; 2° Acquire all or part of a branch of activity of an entity governed by French law; 3° Cross, directly or indirectly, alone or in concert, the threshold of 25% ownership of the voting rights of an…

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Article R151-3 of the French Monetary and Financial Code

The activities referred to in I of article L. 151-3 are as follows: I.-Activities likely to affect national defence interests, participating in the exercise of public authority or likely to affect public order and public safety: 1° Activities, including those mentioned inarticle L. 2332-1 of the Defence Code, relating to arms, munitions, powder and explosive substances intended for military purposes or to war material and the like covered by Title…

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