Chapter III: Safeguard and clean-up measures

When it decides to implement one of the reorganisation measures defined in Article L. 323-8, the Autorité de contrôle prudentiel et de résolution : 1° As a matter of urgency, inform the competent authorities of the other Member States of the European Union or parties to the Agreement on the European Economic Area ; 2° Publish this decision in the Official Journal of the French Republic and the Official Journal…

I.-The participation of an insurance undertaking in a trust contract formed for the purpose of reorganisation pursuant to Article L. 311-41 is valued for the purposes of Article R. 351-1 as a participation whose valuation, in accordance with Article 13 of Commission Regulation 2015/35 of 10 October 2014, corresponds to the net value of the share of the trust assets on which the liability of the trustee-beneficiary is engaged. II.Where,…