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Subsection 3: Information for the Autorité de contrôle prudentiel et de résolution

Article R519-58 of the French Monetary and Financial Code

No later than 31 July each year, the association shall send the report referred to in II of Article L. 519-13 to the Autorité de contrôle prudentiel et de résolution. This report contains a copy of the balance sheet and profit and loss account for the association’s last financial year. In particular, it describes the activity of its members for the previous calendar year on the basis of the data…

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Article R519-59 of the French Monetary and Financial Code

The association shall inform the Autorité de contrôle prudentiel et de résolution without delay of any change in its governance, organisation, articles of association, operating rules or written procedures. It shall also inform the Authority of any change in the information concerning it and, in particular, of any fact likely to have an impact on the conditions to which this authorisation was subject. The Authority will assess the possible effects…

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