Title I: Institutions responsible for regulation and control

I.-Pursuant to IX of Article L. 613-44, a subsidiary that is not a resolution entity may be exempted from compliance with the requirement set out in IV of the same article if the following conditions are met: 1° The subsidiary and the resolution entity are established in France and are part of the same resolution group; 2° The resolution entity complies with the minimum requirement set out in I of…

I.-For the application of I of Article L. 613-44, eligible commitments are included in the amount of own funds and eligible commitments mentioned in that Article only if they meet the conditions set out in Articles 72a, 72b with the exception of point d of its paragraph 2 and 72c of Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013. II – For…

I.-The minimum requirement referred to in IV of Article L. 613-44 shall be met by means of one or more of the following commitments or own funds: 1° Commitments: a) which are issued to the resolution entity and purchased by it directly or indirectly through other entities within the same resolution group, or which are issued to and purchased by an existing shareholder that is not part of the same…

I.-Pursuant to VI of Article L. 613-44, when the resolution plan provides that a resolution measure must be taken, or that the power mentioned in Article L. 613-48 must be exercised according to the relevant scenario mentioned in II of Article L. 613-38, the minimum requirement mentioned in this VI corresponds to an amount sufficient to ensure that: 1° The losses that the resolution entity would incur are fully absorbed;…