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Article L613-58 of the French Monetary and Financial Code

I. – When it has adopted a resolution measure in respect of a person referred to in I of Article L. 613-34, the resolution board shall fulfil the obligations set out in II and III as soon as circumstances permit. II. – The resolution board shall notify its decision to the following persons and authorities: 1° Le ministre chargé de l’économie ; 2° The European Commission ; 3° The European…

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Article L613-58-1 of the French Monetary and Financial Code

The annulment of measures taken in application of sub-sections 9 and 10 does not affect the validity of the acts taken for their application when the calling into question of these acts is likely to prejudice the interests of third parties, except in the case of fraud on the part of the latter. In the case provided for in the previous paragraph, compensation for claimants is limited to compensation for…

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