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Article R513-1-A of the French Monetary and Financial Code

Prior to their issue, the “obligations foncières” and other senior debt referred to in 2° of I of Article L. 513-2 are subject to a programme defined with regard to the legal and contractual characteristics of the securities, subject to authorisation by the Autorité de contrôle prudentiel et de résolution, in accordance with the conditions defined by this Authority. The application for authorisation submitted to the Autorité shall include at…

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