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Article R515-17 of the French Monetary and Financial Code

I. – In addition to its Chairman, the Agency’s Board of Directors comprises seventeen members, appointed as follows: 1° Five members representing the State, including : a) Two members appointed by decree on the report of the Minister for the Economy ; b) Two members appointed by decree on the report of the Minister for Cooperation; and c) One member appointed by decree on the report of the Minister for…

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Article R515-18 of the French Monetary and Financial Code

The following are submitted to the Agency’s Board of Directors for deliberation: 1° The strategic orientations of the establishment implementing the objectives entrusted to the agency by the State; 2° Approval of the contract of objectives and resources signed with the State; 3° the agreements referred to in article R. 515-12 ; 4° The financial assistance referred to in articles R. 515-9, R. 515-10 and R. 515-11 and the regulations…

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Article R515-19 of the French Monetary and Financial Code

I. – The Board of Directors meets in ordinary session at least four times a year, convened by its Chairman. It shall consider any matter placed on its agenda by the Chairman or by the Board acting by a simple majority. It shall also meet at the request of at least one third of its full members. II. – The Board of Directors draws up its own rules of procedure,…

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Article R515-20 of the French Monetary and Financial Code

The agency may open representative offices in the countries where it operates. The work of these representations is carried out within the framework of the coordination and coordination mission carried out, pursuant to article 3 of decree no. 79-433 of 1st June 1979 relating to the powers of ambassadors and the organisation of State services abroad, by the head of the diplomatic mission accredited in the State in which it…

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Article D517-1 of the French Monetary and Financial Code

The statutory auditors referred to in Article L. 511-38 are appointed by the body of these institutions responsible for approving the financial statements. They are appointed for six financial years. Their term of office expires after the body competent to approve the accounts has ruled on the accounts for the sixth financial year. They may be reappointed.

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