Section 4: Measures to prevent and manage banking crises

I. – The following are subject to the obligation to draw up and maintain a preventive recovery plan: 1° Credit institutions subject to direct supervision by the European Central Bank pursuant to Article 6(4) of Council Regulation (EU) No 1024/2013 of 15 October 2013 and credit institutions or investment firms which constitute a significant part of the financial system within the meaning of Article 11(8) of Regulation (EU) No 806/2014…

Persons required to draw up a preventive recovery plan pursuant to I and II of Article L. 613-35 shall set up a system for regular monitoring of the indicators mentioned in VI of the same article.

I. – The collège de résolution shall draw up individual preventive resolution plans for persons required to draw up an individual preventive recovery plan pursuant to the provisions of sub-section 2 of this section. These plans shall provide for the resolution measures that may be taken pursuant to Subsection 9 and Subsection 10 of this Section when the conditions for triggering a resolution procedure mentioned in II of Article L….