Section 3: Specific inspection regime

I.-The Autorité de contrôle prudentiel et de résolution shall exchange with the competent authorities within the meaning of Articles L. 511-21 and L. 532-16, information relating to credit institutions and investment firms benefiting from the freedom of establishment or the freedom to provide services concerning : a) The management and ownership of these institutions or undertakings in order to facilitate their supervision and the examination of the conditions for their…

I. – The Autorité de contrôle prudentiel et de résolution may ask the authority responsible for the supervision of a group on a consolidated basis or the competent authorities within the meaning of Articles L. 511-21 or L. 532-16 that the branch established in France of a class 1a credit institution or investment firm referred to in Articles L. 511-22 or L. 532-18-1 respectively be considered to be of significant…

The Autorité de contrôle prudentiel et de résolution is responsible for monitoring compliance by the institutions referred to in Articles L. 511-22 and L. 511-23 with the legislative and regulatory provisions applicable to them under the terms of Article L. 511-24. It may examine the conditions of their operation and the quality of their financial situation, taking into account the supervision exercised by the competent authorities mentioned in 2 of…

When applying the provisions of Article L. 612-2 to members established outside France of a clearing house established in France, the Autorité de contrôle prudentiel et de résolution shall take into account the supervision exercised by the competent authorities of each State concerned and, to this end, may enter into a bilateral agreement with them, under the conditions set out in Article L. 632-13. For the purposes of exercising its…

I. – Without prejudice to the supervision exercised by the competent authorities of the home State, the Autorité de contrôle prudentiel et de résolution is responsible for monitoring compliance by the persons referred to in 1° of II of Article L. 522-13 acting under the freedom of establishment, of the provisions of Section 5 of Chapter II of Title I of Book I, of Chapter III of Title III of…

I. – Without prejudice to the supervision exercised by the competent authorities of the home State, the Autorité de contrôle prudentiel et de résolution is responsible for monitoring compliance by the persons referred to in I of Article L. 526-24 acting under the freedom of establishment, of the provisions of Section 12 of Chapter III of Title III of Book I relating to the terms and conditions for the redemption…

The Autorité de contrôle prudentiel et de résolution may carry out on-site inspections of branches of the investment firms referred to in Article L. 532-18-1 under the conditions laid down by decree of the Conseil d’Etat.