Paragraph 1: Common provisions

I. – Where the Autorité de contrôle prudentiel et de résolution, pursuant to I of Article L. 613-32-1, requests the authority responsible for supervision on a consolidated basis of a group or the competent authorities within the meaning of Articles L. 511-21 or L. 532-16 that a branch be considered to be of material importance, it shall justify its request by means of the information referred to in Article R….

When the Autorité de contrôle prudentiel et de résolution receives a request pursuant to II of Article L. 613-32-1 that a branch of a Class 1a credit institution or investment firm referred to in Articles L. 511-27 or L. 532-23, respectively, be considered to be of significant importance, it shall consult with the other competent authorities of the Member States concerned in order to reach a joint decision within two…

I. – Pursuant to IV of Article L. 613-32-1, the Autorité de contrôle prudentiel et de résolution establishes a college of supervisors when a class 1 bis credit institution or investment firm subject to its supervision meets the following conditions: 1° This class 1 bis credit institution or investment firm has established branches of significant importance in other Member States of the European Union or parties to the agreement on…