Section 6: Authorisation for credit institutions and investment firms to bid directly on behalf of their clients at auctions of greenhouse gas emission allowances

The authorisation provided for in Article 18(3) of Commission Regulation (EU) No 1031/2010 of 12 November 2010 on the timing, management and other aspects of the auctioning of greenhouse gas emission allowances shall be issued to credit institutions and investment firms by the Autorité de contrôle prudentiel et de résolution, after obtaining the opinion of the Autorité des marchés financiers. The opinion of the Autorité des marchés financiers relates to…