Article R511-4 of the French Monetary and Financial Code
When a financial institution has provided evidence to the Autorité de contrôle prudentiel et de résolution that it meets the conditions set out in the second paragraph of Article L. 511-28, the Autorité shall issue it with a certificate. The Authority shall also send a certificate to the competent authorities of the host Member State, at the same time as the notification referred to in the first paragraph of Article…