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Article L633-10 of the French Monetary and Financial Code

I. – When the competent authorities of a Member State or of another State party to the Agreement on the European Economic Area wish, in specific cases, to verify the information relating to an entity established in France, whether regulated or not, which is part of a financial conglomerate and referred to in Article L. 612-26, they shall ask the Autorité de contrôle prudentiel et de résolution or, where applicable,…

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Article L633-11 of the French Monetary and Financial Code

For the purposes of the supplementary supervision provided for in this chapter, the Autorité de contrôle prudentiel et de résolution may enter into the agreements provided for in Article L. 632-13 with the competent authorities of a State which is not a party to the Agreement on the European Economic Area with a view to supervising any entity belonging to a financial conglomerate.

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Article L633-12 of the French Monetary and Financial Code

I. – If the Autorité de contrôle prudentiel et de résolution, when appointed as coordinator, finds that the regulated entities of a financial conglomerate comply with the requirements referred to in Article L. 517-8 but that their solvency may nevertheless be jeopardised, or that the transactions between the entities of the group or the concentrations of risks threaten the financial situation of the said regulated entities, it may implement against…

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Article L633-13 of the French Monetary and Financial Code

Where a regulated entity uses its membership of a financial conglomerate to evade, in whole or in part, the application of the sectoral rules to which it is subject, the Autorité de contrôle prudentiel et de résolution may use the powers provided for in Sections 5 to 7 of Chapter II and Section 1 of Chapter III of Title I of Book VI. Where the regulated entity referred to in…

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Article L633-14 of the French Monetary and Financial Code

Where regulated entities belonging to a group carrying on activities in both the banking and investment services sector and the insurance sector have as their parent undertaking a company whose registered office is in a State which is neither a Member State nor a party to the Agreement on the European Economic Area, the Autorité de contrôle prudentiel et de résolution, where it fulfils the conditions laid down in Article…

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Article L633-15 of the French Monetary and Financial Code

For the purposes of the supplementary supervision provided for in this chapter, the Autorité de contrôle prudentiel et de résolution may enter into the agreements provided for in Article L. 633-5 with the competent authorities of a State which is not a party to the Agreement on the European Economic Area with a view to supervising any entity, whether regulated or not, belonging to a financial conglomerate.

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