French Business Law - French Legislation

Article L518-11 of the French Monetary and Financial Code

November 7, 2023

Caisse des dépôts et consignations is headed by a Chief Executive Officer appointed for a five-year term. The Chief Executive Officer takes an oath before the Supervisory Board. He may be dismissed after receiving the opinion of the Supervisory Board, which may decide to make it public, or on the recommendation of the Supervisory Board. The Managing Director may appoint one or more Deputy Managing Directors, to whom he may…

Article L518-12 of the French Monetary and Financial Code

November 7, 2023

The General Manager is responsible for managing the funds and assets of the Caisse. He implements the guidelines approved by the Supervisory Board, particularly in terms of internal control and risk management. At least once during the calendar year, he is heard on the Caisse des dépôts et consignations’ intervention policy by the standing committees responsible for finance and economic affairs, which may be convened for this purpose in each…

Article L518-13 of the French Monetary and Financial Code

November 7, 2023

Caisse des Dépôts et Consignations is subject to the rules applicable to commercial accounting.

Article L518-14 of the French Monetary and Financial Code

November 7, 2023

Caisse des Dépôts has agents for the service entrusted to it in all towns where there is a court of law. The General Manager may call upon the State’s public accountants to carry out the receipts and expenditure relating to Caisse des Dépôts et Consignations in the départements. The compensation paid for this service is agreed between the Minister for the Economy and the Supervisory Board.

Article L518-15 of the French Monetary and Financial Code

November 7, 2023

Each year, Caisse des Dépôts et Consignations submits its annual and consolidated financial statements, certified by two statutory auditors under the conditions defined in Title II of Book VIII of the French Commercial Code, to the National Assembly and Senate Finance and Economic Affairs Committees. If certification is refused, the auditors’ report is attached to the accounts. The Supervisory Board of Caisse des dépôts et consignations appoints the statutory auditors…

Article L518-15-1 of the French Monetary and Financial Code

November 7, 2023

A decree of the Conseil d’Etat shall determine, subject to the necessary adaptations, the rules applicable to Caisse des dépôts et consignations, adopted pursuant to Article L. 511-36, the first paragraph of Article L. 511-37, the first paragraph of Article L. 511-41 and Section 8 of Chapter I of Title I of Book V , with the exception of Article L. 511-58. It also specifies, subject to the necessary adaptations,…

Article L518-15-2 of the French Monetary and Financial Code

November 7, 2023

The Autorité de contrôle prudentiel et de résolution shall ensure, under the conditions set out in Articles L. 612-17, L. 612-23 to L. 612-27 and L. 612-44, that the banking and financial activities carried out by Caisse des dépôts et consignations, including those mentioned in Article L. 312-20 of this Code, Article L. 132-27-2 of the Insurance Code and Article L. 223-25-4 of the Mutual Code, comply with the rules…

Article L518-15-3 of the French Monetary and Financial Code

November 7, 2023

Article L. 533-22-1 applies to the Caisse des dépôts et consignations.

Article L518-16 of the French Monetary and Financial Code

November 7, 2023

Each year, Caisse des dépôts et consignations pays the French State a fraction of the net income from its proprietary activities, after payment of a contribution representing corporate income tax, set by decree after consultation with the institution’s supervisory board. The amount of this payment may not be such as to call into question the solvency of Caisse des dépôts et consignations or its compliance with the prudential rules applicable…

Article L518-17 of the French Monetary and Financial Code

November 7, 2023

Caisse des Dépôts et Consignations is responsible for receiving deposits of any kind, in cash or in financial securities, provided for by law or regulation or ordered either by a court decision or by an administrative decision.

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Section 2: Caisse des dépôts et consignations

Article L518-11 of the French Monetary and Financial Code

Article L518-12 of the French Monetary and Financial Code

Article L518-13 of the French Monetary and Financial Code

Article L518-14 of the French Monetary and Financial Code

Article L518-15 of the French Monetary and Financial Code

Article L518-15-1 of the French Monetary and Financial Code

Article L518-15-2 of the French Monetary and Financial Code

Article L518-15-3 of the French Monetary and Financial Code

Article L518-16 of the French Monetary and Financial Code

Article L518-17 of the French Monetary and Financial Code

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Section 2: Caisse des dépôts et consignations

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Our attorneys will contact you promptly within 24h. All information exchanged through this website will be communicated to attorneys only, and will remain confidential.

We Solve Legal & Tax Issues in France

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