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Article L614-1 of the French Monetary and Financial Code

The Comité Consultatif du Secteur Financier is responsible for studying issues relating to relations between credit institutions, finance companies, electronic money institutions, payment institutions, investment firms, portfolio management companies and insurance companies on the one hand, and their respective customers on the other, and for proposing any appropriate measures in this area, in particular in the form of opinions or general recommendations. Matters may be referred to the Committee by…

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Article L614-2 of the French Monetary and Financial Code

The Comité Consultatif de la Législation et de la Réglementation Financières (CCLRF) is consulted by the Minister for the Economy on all draft laws, ordinances and proposed Community regulations and directives prior to their examination by the Council of the European Union, dealing with issues relating to the insurance sector, the banking sector, electronic money issuers, payment service providers and investment firms, with the exception of texts relating to the…

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Article L614-3 of the French Monetary and Financial Code

Employees who are members of the Comité consultatif du secteur financier or the Comité consultatif de la législation et de la réglementation financières have the necessary time to prepare for, attend and participate in meetings. This time is treated as actual work for the purposes of determining entitlement to social security benefits. The employees concerned must inform their employer when they are appointed and, for each meeting, as soon as…

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