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Article L213-31 of the French Monetary and Financial Code

Without prejudice to the penalties that may be applied by the Autorité de contrôle prudentiel et de résolution in the same way as for breaches of banking regulations, any failure to comply with the obligations set out in Article L. 213-23 shall result in the loss of interest accrued during the period of irregular holding on the amount of the bonds that have not been deposited.

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