Paragraph 2: Treatment of over-indebtedness and payment incidents

In New Caledonia, French Polynesia and the Wallis and Futuna Islands, the Institut d’émission d’outre-mer:1° Receives from the Banque de France the information it gathers under the provisions of Articles R. 131-26 to R. 131-31 and R. 131-33 to R. 131-37;2° Carries out the tasks devolved to the Banque de France by Articles R. 131-40 to R. 131-42, under the conditions specified in Articles R. 721-27 and R. 721-28.

In order to identify all the accounts held in New Caledonia, French Polynesia and the Wallis and Futuna Islands by the persons mentioned in the first paragraph of Article L. 131-72 and the second paragraph of Article L. 163-6, the Institut d’émission d’outre-mer shall consult the declarations mentioned in Article R. 721-22.

In order to carry out the tasks assigned to the Banque de France by Article R. 131-42 in New Caledonia, French Polynesia and the Wallis and Futuna Islands, the Institut d’émission d’outre-mer (French overseas note-issuing bank) shall provide the credit institutions concerned with all the information collected pursuant to Articles L. 131-73 and L. 163-6, no later than the second working day following receipt of the information sent by the…