Subsection 2: Supervision on a consolidated basis by a competent authority of another Member State of the European Union or of another State party to the Agreement on the European Economic Area

The Autorité de contrôle prudentiel et de résolution shall cooperate closely with the other competent authorities within the meaning of point 40 of paragraph 1 of Article 4 of Regulation (EU) No 575/2013 and within the meaning of point 7 of paragraph 1 of Article 4 of Regulation (EU) 2019/2033. It shall provide them with any information which is essential or relevant for the performance of their supervisory duties. It…

I. – The Autorité de contrôle prudentiel et de résolution shall consult the competent authorities within the meaning of Article 4(1)(40) of Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 or, where applicable, within the meaning of Article 4(1)(7) of Regulation (EU) 2019/2033 of the European Parliament and of the Council of 27 November 2019, before taking any decision likely to have…

I. – Where an authority of another Member State of the European Union or party to the Agreement on the European Economic Area responsible for the supervision of a group on a consolidated basis consults the Autorité de contrôle prudentiel et de résolution with a view to reaching a joint decision on 1°, 2° or 3° of II of Article L. 613-20-4 or on the measures to be taken in…

In the absence of a joint decision by the supervisory authority on a consolidated basis, the Autorité de contrôle prudentiel et de résolution shall take a decision, on an individual or sub-consolidated basis within the meaning of 49 of paragraph 1 of Article 4 of Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013, on 1°, 2° or 3° of II of Article…

In the absence of a joint decision by the supervisory authority on a consolidated basis, the Autorité de contrôle prudentiel et de résolution may, within a period set by decree in the Conseil d’Etat, refer to the European Banking Authority any decision, taken on an individual or sub-consolidated basis by another competent authority within the meaning of Article 4(1)(40) of Regulation (EU) No 575/2013 of the European Parliament and of…

The Autorité de contrôle prudentiel et de résolution may, when acting as the authority responsible for the supervision of a subsidiary of an undertaking which has its head office in another Member State of the European Union or in another State party to the Agreement on the European Economic Area, delegate its responsibility for the supervision of the subsidiary in question to the competent authorities within the meaning of Article…

Where an authority of another Member State of the European Union or party to the Agreement on the European Economic Area responsible for the prudential supervision on a consolidated basis of a group consults the Autorité de contrôle prudentiel et de résolution with a view to reaching a joint decision on an application for approval or exemption from approval of a financial holding company or a mixed financial holding company…

I. – When the Autorité de contrôle prudentiel et de résolution is consulted by the authority of another Member State of the European Union or party to the Agreement on the European Economic Area, responsible for the supervision on a consolidated basis of a group which is considering taking measures against the parent undertaking of the group equivalent to those provided for in Articles L. 511-41-5 or L. 612-34-1, the…

A decree of the Conseil d’Etat shall specify the conditions of application of this sub-section.