The association mentioned in 1° of article L. 621-31 is formed by the persons listed in the same 1°, in accordance with the law of 1st July 1901 relating to the contract of association. Only persons in the categories listed in the same 1° may join. The association draws up a code of conduct. This code defines the specific rules intended to ensure compliance by members of the association when…
The association referred to in Article L. 621-32 either takes action on its own initiative or is informed by the Autorité des marchés financiers of facts likely to constitute a breach by a member of the rules of the code of conduct referred to in the same article. Notwithstanding Articles 42 et seq. of Act 86-1067 of 30 September 1986 on freedom of communication, when the Autorité de Régulation de…
The association may impose one of the following sanctions on member companies, their publication director or, failing that, their legal representative, depending on the seriousness of the breach: 1° A warning ; 2° a reprimand 3° Compulsory insertion of a notice or press release in the publication concerned; 4° Broadcast of a statement on air. The Association may also temporarily or permanently exclude one of its members. This measure may…
Each year, the association draws up a report on its activities. It submits this report to the Autorité des marchés financiers, which provides its observations and recommendations on the association’s activities in its annual report.
I. – The Banque de France, the Institut d’émission des départements d’outre-mer, the Institut d’émission d’outre-mer, the Autorité de contrôle prudentiel et de résolution and the Autorité des marchés financiers shall cooperate with each other. They shall provide each other with any information that may be useful for the performance of their respective duties. The Autorité de Contrôle Prudentiel et de Résolution, the Autorité des Marchés Financiers and the Haut…
The High Council for Financial Stability is composed of eight members: 1° The Minister for the Economy, Chairman ; 2° The Governor of the Banque de France, Chairman of the Autorité de contrôle prudentiel et de résolution, assisted by the Vice-Chairman of this authority; 3° The Chairman of the Autorité des marchés financiers; 4° The Chairman of the Autorité des normes comptables; 5° Three qualified persons appointed, for a period…
Without prejudice to the respective powers of the institutions that its members represent, the Haut Conseil de stabilité financière supervises the financial system as a whole, with the aim of preserving its stability and its ability to make a sustainable contribution to economic growth. In this capacity, it defines macroprudential policy and carries out the following tasks: 1° It ensures cooperation and the exchange of information between the institutions that…
In order to carry out the tasks defined in Article L. 631-2-1, the Haut Conseil de stabilité financière may interview representatives of credit institutions, finance companies, investment firms, portfolio management companies, insurance companies, mutual insurers and provident institutions, as well as any other person it deems appropriate. To this end, these persons may provide it with information covered by professional secrecy. The High Council for Financial Stability draws up an…
I. – The persons referred to in 5° of Article L. 631-2 must inform the Chairman of the Financial Stability Board: 1° The interests they held during the two years preceding their appointment, that they hold or that they may come to hold; 2° any functions in a social, economic or financial activity that they have exercised or may exercise in the two years preceding their appointment; and 3° any…
Confidential information received by the Autorité de contrôle prudentiel et de résolution, the Banque de France and the Autorité des marchés financiers from a European supervisory authority, the European Systemic Risk Board, an authority within a Member State of the European Union or a State party to the Agreement on the European Economic Area or from a third country may not be disclosed without the express agreement of the authority…
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75001, Paris France
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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