Section 8: Relations with the statutory auditors

The Autorité de contrôle prudentiel et de résolution may, when the situation so warrants and under conditions laid down by decree, appoint an additional auditor to the undertakings mentioned in A of I of Article L. 612-2, other than the bodies mentioned in 3° and carrying out activities of a hybrid nature, 4° bis, 5°, 6°, 7°, 8° and carrying out activities of a hybrid nature, 11° and 12°, and…

I. – The Autorité de contrôle prudentiel et de résolution may ask the statutory auditors of persons subject to its supervision for any information on the business and financial situation of the entity that they audit and on the due diligence that they have performed there in the course of their engagement. The Autorité de contrôle prudentiel et de résolution may also provide the statutory auditors of the persons mentioned…

When the Autorité de contrôle prudentiel et de résolution becomes aware of misconduct or failure to comply with the legislative or regulatory provisions applicable to statutory auditors committed by a statutory auditor of a person subject to its supervision, it may ask the competent court to remove the statutory auditor from office in accordance with the procedures set out inArticle L. 823-7 of the Commercial Code. The Chairman of the…