Subsection 3: Operation

A Secretary General is appointed by order of the Minister for the Economy, on the recommendation of the Chairman of the Autorité de contrôle prudentiel et de résolution. A first deputy secretary general, under the authority of the first deputy secretary general, is appointed by the chairman of the Autorité, after receiving the assent of the vice-chairman and approval by the ministers responsible for the economy, social security and mutual…

I. – The Director in charge of the departments mentioned in Article L. 612-8-1 is appointed by order of the Minister for the Economy, on the recommendation of the Chairman of the College of Resolution. Notwithstanding the rules relating to the organisation and management of the departments set out in Article L. 612-15, the Director of Resolution shall organise and manage the departments responsible for preparing the work of the…

I. – The Chairman of the Autorité de contrôle prudentiel et de résolution is authorised to bring proceedings before any court in order to perform the duties entrusted to it. II. – The Autorité de contrôle prudentiel et de résolution may bring a civil action at all stages of criminal proceedings for the application of Chapters I to III of Title VII of Book V of this Code and the…

I. – Any person who participates or has participated in the performance of the duties of the Autorité de contrôle prudentiel et de résolution is bound by professional secrecy under the conditions and subject to the penalties laid down in Article L. 641-1. II. – This secrecy may not be invoked against 1° To the judicial authority acting in the context of either compulsory liquidation proceedings opened against a person…