Article L517-4-2 of the French Monetary and Financial Code
November 7, 2023
An intermediate parent undertaking in the European Union is a credit institution or a financial holding company or a mixed financial holding company which has applied for approval in accordance with the provisions of L. 517-13, whose subsidiaries, which are exclusively or mainly credit institutions or investment firms, are part of a group whose parent undertaking is established in a third country and which, for at least two of these…
