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Article L613-39 of the French Monetary and Financial Code

I. – Where the collège de résolution is the competent resolution authority for a person referred to in the first paragraph of I of Article L. 613-38, it shall draw up an individual preventive resolution plan for that person, after obtaining the opinion of the collège de supervision and, where appropriate, after consulting the resolution authorities responsible for the person’s material branches. II. – When the collège de résolution is…

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