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Article L518-15 of the French Monetary and Financial Code

Each year, Caisse des Dépôts et Consignations submits its annual and consolidated financial statements, certified by two statutory auditors under the conditions defined in Title II of Book VIII of the French Commercial Code, to the National Assembly and Senate Finance and Economic Affairs Committees. If certification is refused, the auditors’ report is attached to the accounts. The Supervisory Board of Caisse des dépôts et consignations appoints the statutory auditors…

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Article L518-15-1 of the French Monetary and Financial Code

A decree of the Conseil d’Etat shall determine, subject to the necessary adaptations, the rules applicable to Caisse des dépôts et consignations, adopted pursuant to Article L. 511-36, the first paragraph of Article L. 511-37, the first paragraph of Article L. 511-41 and Section 8 of Chapter I of Title I of Book V , with the exception of Article L. 511-58. It also specifies, subject to the necessary adaptations,…

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Article L518-15-2 of the French Monetary and Financial Code

The Autorité de contrôle prudentiel et de résolution shall ensure, under the conditions set out in Articles L. 612-17, L. 612-23 to L. 612-27 and L. 612-44, that the banking and financial activities carried out by Caisse des dépôts et consignations, including those mentioned in Article L. 312-20 of this Code, Article L. 132-27-2 of the Insurance Code and Article L. 223-25-4 of the Mutual Code, comply with the rules…

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Article L518-16 of the French Monetary and Financial Code

Each year, Caisse des dépôts et consignations pays the French State a fraction of the net income from its proprietary activities, after payment of a contribution representing corporate income tax, set by decree after consultation with the institution’s supervisory board. The amount of this payment may not be such as to call into question the solvency of Caisse des dépôts et consignations or its compliance with the prudential rules applicable…

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Article L518-19 of the French Monetary and Financial Code

Courts and administrative bodies may not authorise or order deposits to be made with natural persons or bodies other than the Caisse des Dépôts et Consignations and may not authorise debtors, custodians or garnishees to hold such deposits in escrow or otherwise. Consignments made in breach of these provisions are null and void.

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Article L518-20 of the French Monetary and Financial Code

The Director General of the Caisse des Dépôts et Consignations may issue, or have issued by the officers of the Caisse des Dépôts et Consignations, fines against any person who, having an obligation to pay sums into the Caisse des Dépôts et Consignations or its officers, is in default of fulfilling his obligations. For the enforcement of the said constraints, the same procedure is followed as for those issued in…

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