Article R613-73-1 of the French Monetary and Financial Code
I.-When a person finds itself in the situation referred to in III of Article L. 613-56, the resolution college, after obtaining the opinion of the supervisory college, shall examine without delay whether it is appropriate to exercise the power referred to in that paragraph to prohibit or limit certain distributions, taking into consideration all of the following elements: 1° The reason, duration and extent of the lack of compliance, as…