Book VI: Banking and financial institutions

The Government Commissioners represent the State in the bodies to which they are appointed pursuant to the provisions of article L. 615-1. They also represent the State in the bodies to which a Government Commissioner has been appointed by virtue of specific legislative or regulatory texts.

The Government Commissioners, whose number may not exceed ten, are appointed by order of the Minister for the Economy, on the recommendation of the Director General of the Treasury. The Government Commissioners appointed from among the State Auditors are appointed after consultation with the Head of the General Economic and Financial Control Department.

The Government Commissioners appointed to a body pursuant to the provisions of Article L. 615-1 shall ensure that the body, either directly or through its subsidiaries or the establishments over which it has control, carries out its public interest activities in accordance with the texts governing it. They report to the Minister responsible for the economy on the public interest missions entrusted to the body to which they are appointed…

The Government Commissioners attend meetings of the Board of Directors and the Supervisory Board, as well as General Meetings. They are also invited to attend meetings of the committees and commissions responsible for preparing the decisions of the aforementioned bodies or having received delegated powers from them. The Government Commissioners may ask the body to provide them with any document or information necessary for the performance of their duties. The…

In accordance with article D. 615-3, the Government Commissioners may make recommendations to the body to which they are appointed and may ask it to carry out any inspections or controls it deems necessary, including on any of its affiliated institutions.

The Government Commissioner may object to any deliberation or decision involving the body in the implementation of the prerogatives of public authority or the public interest mission entrusted to it, and request a second deliberation. It has fifteen days in which to do so. Reasons must be given for the request. It reports to the Minister for the Economy. If, after a second deliberation, the disagreement persists, the Government Commissioner…

The audited bodies provide the Government Commissioners with the resources they need to carry out their duties.

Those Government Commissioners who do not perform other duties at the central administration of the Ministry in charge of the economy are brought together within the financial activities control mission attached to the Treasury Directorate General. This body is headed by one of its members appointed by order of the Minister for the Economy.