The statutory auditors referred to in Article L. 511-38 are appointed by the body of these institutions responsible for approving the financial statements. They are appointed for six financial years. Their term of office expires after the body competent to approve the accounts has ruled on the accounts for the sixth financial year. They may be reappointed.
The provisions of the first and third paragraphs of Article D. 612-53 and of Articles D. 612-54, D. 612-58 and R. 612-59 are applicable to financial holding companies and parent undertakings of finance companies subject to supervision by the Autorité de contrôle prudentiel et de résolution which have their registered office in a State party to the Agreement on the European Economic Area, for persons responsible for carrying out statutory…
The provisions of Articles D . 517-1 and D. 517-7 also apply to mixed financial holding companies whose coordinator is the Autorité de contrôle prudentiel et de résolution.
For the purposes of determining the threshold of 40 billion euros set out in Article L. 517-11, the total value of the assets in the European Union of a group whose parent undertaking is established in a third country is the sum of the following elements: 1° The total value of the assets of each establishment in the European Union of the group, as shown in its consolidated balance sheet…
For all groups operating on French territory and whose parent undertaking is established in a third country, the Autorité de contrôle prudentiel et de résolution shall notify the European Banking Authority: a) The names and total value of the assets of the institutions that belong to one of these groups; b) The names and total value of the assets of the authorised branches of these groups, as well as the…
With a view to obtaining their approval, financial holding companies, parent undertakings of finance companies and mixed financial holding companies shall communicate the following information to the Autorité de contrôle prudentiel et de résolution when it is the authority responsible for supervising them on a consolidated basis and, failing that, when their registered office is established in France: 1° The organisational structure of the group to which the financial holding…
The Autorité de contrôle prudentiel et de résolution has six months from receipt of the initial application to notify its acceptance of the application for approval. It has only four months from receipt of the initial application to notify its refusal of the application for approval. Where the application is incomplete, this period runs from receipt of the information required for its decision. However, the total period allowed for the…
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is a Registered Trademark of
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182, rue de Rivoli
75001, Paris France
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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