Article L613-42 of the French Monetary and Financial Code
November 7, 2023
I. – When, at the end of the assessment provided for in I of Article L. 613-41, the resolution board, after obtaining the opinion of the supervisory board, finds that there are significant obstacles to a credit institution or an investment firm being wound up or being subject to resolution measures under the conditions mentioned in I of Article L. 613-41, it shall notify the person concerned, the supervisory board…
