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Subsection 12: Provisions relating to relations with the authorities of non-EU Member States in the context of a resolution procedure

Article L613-62 of the French Monetary and Financial Code

I. – The provisions of this article shall apply where there is no agreement between the European Union and a State which is not a member of the Union and where an existing agreement does not deal with the recognition and enforcement of resolution procedures in force in that State. II. – Without prejudice to VIII, where the resolution college participates in a college of European resolution authorities referred to…

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Article L613-62-1 of the French Monetary and Financial Code

I. – A branch of a credit institution referred to in I of Article L. 511-10 or a branch of a third-country undertaking referred to in Article L. 532-48 may be subject to one or more of the measures referred to in paragraph 2 of sub-section 10 of this section where: 1° It is not subject to a resolution procedure of a State that is not a member of the…

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Article L613-62-2 of the French Monetary and Financial Code

I. – For the application of this section and notwithstanding the provisions of Act 68-678 of 26 July 1968 relating to the communication of economic, commercial, industrial, financial or technical documents and information to foreign natural or legal persons, the supervisory board, the resolution board and the Minister responsible for the economy may exchange information covered by professional secrecy, in particular on preventive recovery plans, with the authorities of a…

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