Subsection 4: Banking Inclusion Observatory

The Banking Inclusion Observatory has eighteen members: 1° Six ex officio members: a) The Governor of the Banque de France or his representative, Chairman of the Observatory ; b) The Director General of the Treasury or his representative; c) The Director General of Social Cohesion or his representative; d) The Director General of the Caisse des dépôts et consignations or his representative; e) The Chairman of the Financial Sector Consultative…

The members of the Observatory mentioned in 2° and 3° of article R. 312-9 are appointed for a renewable term of three years. If a seat falls vacant during the term of office due to the resignation of its holder, his permanent impediment or the loss of the capacity that justified his appointment, another member is appointed under the same conditions as the one he replaces for the remainder of…

The Observatory meets at least once every six months, convened by its Chairman, at the latter’s initiative or at the request of the Minister for the Economy or the Minister for Social Affairs. On the proposal of its Chairman, the Observatory may hear any expert. In the event of a tied vote, the chairman has the casting vote. The Observatory’s secretariat is provided by the Banque de France. The Observatory…

The Banking Inclusion Observatory has a Scientific Advisory Board. This council is chaired by a representative of the Governor of the Banque de France. The board comprises six other members appointed by the chairman of the Observatory: 1° One member nominated by the Director General of the Institut national de la statistique et des études économiques; 2° One member nominated by the Director of Research, Studies, Evaluation and Statistics attached…

The quantitative and qualitative information sent to the Banking Inclusion Observatory pursuant to Article L. 312-1-1 B relates in particular to access to deposit accounts, means of payment, credit, savings and the implementation of the banking accessibility charter and the banking inclusion and overindebtedness prevention charter referred to in Articles L. 312-1 and L. 312-1-1 A respectively. The list, content and procedures for transmitting this information, in particular the frequency…

The banking inclusion indicators defined by the Observatory are filled in by the credit institutions, each as far as it is concerned, as part of the information sent to the Observatory, mentioned in article R. 312-13.

Pursuant to Article L. 631-1, the Autorité de contrôle prudentiel et de résolution shall monitor compliance by credit institutions with the provisions of this sub-section.

The Chairman of the Banking Inclusion Observatory shall communicate to the Autorité de contrôle prudentiel et de résolution any information that is relevant to the performance of the latter’s duties. He shall inform the members of the Observatory of such communications.

The annual report of the Banking Inclusion Observatory provided for in Article L. 312-1-1 B is published on the Banque de France website.