Subsection 2: Organisation

I. – Without prejudice to Article L. 612-8-1, the full Supervisory Board shall determine the organisational and operational principles, the budget and the internal rules of procedure of the AMF. It shall examine any general issue common to the banking and insurance sectors and analyse the risks of these sectors in the light of the economic situation. It decides on supervisory priorities. Each year it draws up a report for…

Each section of the Authority’s supervisory board may only deliberate if a majority of its members are present. Decisions are taken by majority vote. In the event of a tie, the chairman of the panel shall have the casting vote. In the event of an emergency established by the Chairman of the Autorité de contrôle prudentiel et de résolution, the panel may, except in the case of sanctions, decide by…

I. – The Authority may set up one or more Advisory Commissions. At least one commission shall be set up to give an opinion on the lists, models, frequency and deadlines for transmitting the documents and periodic information that must be submitted to the Authority. The Authority shall appoint the members of this commission, which shall be composed for the most part of professionals from the banking and insurance sectors…