Book VI: Banking and financial institutions

Each section of the AMF’s Supervisory Board or Resolution Board meets when convened by its Chairman. Where, pursuant to Article L. 612-10, a member does not take part in a meeting of the Supervisory Board or the Resolution Board, that member shall count towards the quorum. Minutes are kept of the meetings of the Authority. The names of the members present and of those members who did not take part…

When a panel of the supervisory board, or where applicable a specialised commission, decides by written consultation, in application of the third paragraph of Article L. 612-13, the Chairman shall, within a time limit that he shall set, obtain the votes of the members and the observations of the Director General of the Treasury and, where applicable, the Director of Social Security or their representatives. This period may not be…

When the resolution board decides by written consultation in application of the first paragraph of IV of Article L. 612-8-1, the chairman shall obtain the votes of the members within a time limit that he shall set. This period may not be less than forty-eight hours from the time the documents are sent. If a member so requests in writing within this period, the vote shall be taken at the…

In order to guarantee identification and effective participation in the meeting of a panel of the Supervisory Board ruling by means of teleconferencing pursuant to the fourth paragraph of Article L. 612-13, these means must at least allow the voice of the participants to be transmitted and must meet the technical characteristics allowing continuous and simultaneous retransmission of the deliberations.