Article R144-2 of the French Monetary and Financial Code
November 6, 2023
Capital expenditure may only be charged against reserves that have been set aside in advance.
Capital expenditure may only be charged against reserves that have been set aside in advance.
The financial year begins on 1 January and ends on 31 December. At the end of the financial year, the Governor draws up the annual accounts, together with a written report on the situation of the Banque de France and its activities during the past financial year. This report shall be sent to the members of the General Council, the Censor, his alternate and the Statutory Auditors fifteen days before…
Where applicable, the deductions provided for in the agreement referred to in the first paragraph of Article L. 141-2 are made in priority from the net profit for the year. A 5% deduction from the net profit for the year is then allocated to a specific reserve, which ceases to be funded when it reaches an amount equal to twice the capital of the Banque de France. Finally, the General…
Articles L. 123-12 to L. 123-14, the first paragraph of article L. 123-15 and articles L. 123-17 to L. 123-22 of the French Commercial Code as well as article R. 123-181, the second paragraph of article R. 123-186, the first paragraph of article R. 123-187 and R. 123-189 of the French Commercial Code are applicable to the Banque de France, subject to the exceptions provided for in articles R. 143-6…
The mandatory accounting and valuation rules adopted for the preparation of the consolidated balance sheet of the European System of Central Banks in accordance with Article 26 of the Protocol annexed to the Treaty establishing the European Community on the Statute of the European System of Central Banks and of the European Central Bank shall apply to the preparation of the annual accounts of the Banque de France in respect…
The provisions of this sub-section apply to the accounting of State foreign exchange reserves in gold and foreign currencies insofar as they do not conflict with the rules set out in the agreement referred to in the first paragraph of Article L. 141-2.
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…
The capital of the Banque de France is €1 billion.
The head office of the Banque de France is at 1, rue La Vrillière, Paris.
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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is a Registered Trademark of
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182, rue de Rivoli
75001, Paris France
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Paris Bar Registration n° (Toque) C2396
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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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