Paragraph 2: Provisions relating to the implementation of a resolution measure

At the request of the resolution board and under the conditions and for the period it has determined, the Chairman of the Autorité des marchés financiers or his representative shall require the market undertaking to suspend all or part of the trading in financial instruments admitted to a regulated market and issued by a person referred to in I of Article L. 613-34 that has been the subject of a…

The resolution college may take any measure necessary to implement a measure taken pursuant to sub-section 9 of this section, I of Article L. 613-55, 1° of I of Article L. 613-55-4, I of Article L. 613-56 and Article L. 613-56-1, including: 1° Modification of all relevant registers ; 2° Removal from trading of equity securities mentioned in Chapter II of Title I of Book II or other securities or…

I.-The collège de résolution may suspend any obligation to pay or deliver financial instruments resulting from a contract to which a person referred to in I of Article L. 613-34 is bound if all of the following conditions are met: 1° It has been established that the person’s default is actual or foreseeable within the meaning of II of Article L. 613-48 ; 2° There is no reasonable prospect that…

I.-Any financial contract entered into by a person referred to in I of Article L. 613-34 and governed by the legislation of a third country shall include a clause stipulating that the parties acknowledge that they may be subject to the exercise by the resolution college of the powers to suspend or restrict the rights and obligations referred to in II of L. 613-56-2, L. 613-56-4, L. 613-56-5 or L….