Section 4: The specialised committee

I.-Within public interest entities within the meaning of article L. 820-1 and finance companies within the meaning of II of article L. 511-1 of the Monetary and Financial Code, a specialised committee acting under the responsibility, as the case may be, of the administrative body or the supervisory body, shall monitor issues relating to the preparation and control of accounting and financial information. II.-The composition of this committee is determined…

The specialised committee referred to in Article L. 823-19 : 1° Credit institutions and finance companies whose securities are not admitted to trading on a regulated market and which have issued, continuously or repeatedly, only bond securities, provided that the total nominal amount of these securities remains below €100 million and that they have not published a prospectus ; 2° Securitisation undertakings, if they publicly explain why they do not…

The specialised committee or the body performing its functions is bound by an obligation of confidentiality with regard to information relating to: 1° The services provided by the members of the network to which the statutory auditor belongs, mentioned in I of Article L. 820-3; 2° To the findings and conclusions of the High Council referred to in 4° of II of Article L. 823-19.