Chapter I: Monetary policy in overseas France

In New Caledonia, French Polynesia and the Wallis and Futuna Islands, the Institut d’émission d’outre-mer (French overseas note-issuing bank) centralises information enabling the identification of accounts of all kinds held by natural and legal persons as well as safe deposit box rentals. The Institute shall inform institutions and persons authorised to maintain accounts and to open regulated savings accounts in particular. The Institut d’émission d’outre-mer shall also ensure compliance with…

I. – The Institut d’émission d’outre-mer carries out in the Wallis and Futuna Islands the tasks assigned to the Banque de France in mainland France relating to the treatment of overindebtedness of private individuals. An agreement signed between the State and the Institute sets out the terms and conditions for the performance of this task and the terms and conditions for its remuneration.The Institut d’émission d’outre-mer may provide assistance to…

The Institut d’émission d’outre-mer (French overseas note-issuing bank) shall provide public accountants, at their request, with information relating to accounts of any kind and to safes that it centralises for the purpose of carrying out the duties assigned to it by the first sentence of Article L. 721-24. The Institute is exempt from professional secrecy for the application of this provision. The right of communication is exercised regardless of the…

The Institut d’émission d’outre-mer may contact directly companies and professional groups that are willing to participate in its surveys. These voluntary companies and professional groups provide the Institute with information on their financial situation. The Institute may communicate all or part of the information it holds on the financial situation of companies to other central banks, to the tax departments of New Caledonia, French Polynesia and the Wallis and Futuna…