Chapter II: The Autorité de contrôle prudentiel et de résolution

The Autorité de contrôle prudentiel et de résolution publishes the following information electronically: 1° The general guidelines, methods and criteria that it implements and applies for the purposes of prudential supervision, in particular the procedures for exercising the options provided for in Community prudential legislation; 2° The solutions chosen by France from among the options available under Community prudential legislation, in particular under Regulation (EU) No 575/2013 of the European…

On a proposal from the Secretary General, the plenary session of the Supervisory Board: 1° Adopt the Authority’s annual budget and its amendments during the year; 2° Adopt the report on the implementation of the budget for the financial year just ended; 3° Authorise the settlements provided for in articles 2044 to 2058 of the French Civil Code, in excess of a fixed amount; 4° Authorises, in excess of a…

The supervisory board shall set up an audit committee responsible, in particular, for issuing an opinion, prior to their adoption, on draft budgets and reports on budget implementation. The internal regulations of the Autorité de contrôle prudentiel et de résolution shall determine the composition and duties of the committee.

Before the beginning of each financial year, and prior to the adoption of the budget by the Banque de France, the Authority draws up its budget. The budget shall include a forecast of revenue, including expected income from the investment of contributions carried forward from previous financial years, planned withdrawals from the reserves held in the “Deferred contributions of the Autorité de contrôle prudentiel et de résolution” account kept in…

The costs of resources and services, other than those provided directly by a supplier, provided by the Banque de France to the Autorité de contrôle prudentiel et de résolution, and charged to the latter, are determined on the basis of the analytical accounts of the Banque de France, in accordance with the agreements entered into, after the opinion of the Audit Committee provided for in Article R. 612-12, between the…

I. – The report on the implementation of the budget, presenting all of the expenditure and income of the Autorité de contrôle prudentiel et de résolution for the previous financial year and the change in the “Deferred contributions of the Autorité de contrôle prudentiel et de résolution” account held in the books of the Banque de France in accordance with Article L. 612-18 during the previous financial year, together with…

The Authority’s transactions are recorded in accordance with the accounting rules applicable to the Banque de France, in particular article R. 144-5.