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Article L613-45 of the French Monetary and Financial Code

When the resolution board is informed that a credit institution or investment firm has adopted an early intervention measure as provided for in Article L. 511-41-5, the resolution board may order the institution or investment firm to seek potential buyers in order to prepare for the implementation of a resolution procedure, in compliance with the conditions set out in I of Article L. 613-50-6 and the confidentiality requirements set out…

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Article L613-45-1 of the French Monetary and Financial Code

I. – Provided that the essential obligations of the contract continue to be met, in particular the obligations to pay and deliver financial instruments and the guarantee obligations, the provisions of I and II of Article L. 613-50-4 shall apply in the event of the implementation of a crisis prevention or management measure referred to in Articles L. 511-41-3, L. 511-41-5, L. 612-32, L. 612-33, L. 612-34, L. 612-34-1 and…

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