Subsection 1: Common provisions

I. – The Autorité de contrôle prudentiel et de résolution and the other competent authorities of a Member State of the European Union or of a State party to the Agreement on the European Economic Area shall have a period of four months from the transmission of the report provided for in the first paragraph of Article R. 613-3-3 to: 1° reach the joint decisions referred to in II of…

I.-For the purposes of Articles L. 613-20-1 and L. 613-21-1, information is considered essential if it may have a significant impact on the assessment of the financial soundness of a credit institution, an investment firm or a financial institution in another Member State of the European Union or party to the Agreement on the European Economic Area. The essential information covers in particular the following elements: 1° Identification of the…

The Autorité de contrôle prudentiel et de résolution may refer a matter to the European Banking Authority in any of the following situations: 1° A request for cooperation, in particular for the exchange of relevant information, has been rejected 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, or has not been acted upon…