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Article D615-6 of the French Monetary and Financial Code

The Government Commissioner may object to any deliberation or decision involving the body in the implementation of the prerogatives of public authority or the public interest mission entrusted to it, and request a second deliberation. It has fifteen days in which to do so. Reasons must be given for the request. It reports to the Minister for the Economy. If, after a second deliberation, the disagreement persists, the Government Commissioner…

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Article D615-8 of the French Monetary and Financial Code

Those Government Commissioners who do not perform other duties at the central administration of the Ministry in charge of the economy are brought together within the financial activities control mission attached to the Treasury Directorate General. This body is headed by one of its members appointed by order of the Minister for the Economy.

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Article R616-1 of the French Monetary and Financial Code

Persons providing the secretariat for the Comité Consultatif du Secteur Financier, the Comité Consultatif de la Législation et de la Réglementation Financières and the Autorité de Contrôle Prudentiel et de Résolution, as well as Banque de France staff and persons responsible for carrying out documentary and on-site inspections, may not hold any remunerated position in a credit institution, finance company, electronic money institution, payment institution or investment firm.

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Article R621-1 of the French Monetary and Financial Code

I. – The College shall meet when convened by its Chairman or at the request of half of its members. If the Chairman is absent, he shall appoint one of the other members of the College to chair the meeting. The College may only deliberate if at least half of its members are present. A member who does not take part in a deliberation or who abstains from sitting pursuant…

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Article R621-2 of the French Monetary and Financial Code

When the Board, or where applicable a specialised commission, decides by written consultation, pursuant to the second paragraph of II of Article L. 621-3, the Chairman shall collect the votes of the members and the observations of the Director General of the Treasury within a time limit that he shall set. This period may not be less than one day. If a member submits a written request within this time…

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Article R621-3 of the French Monetary and Financial Code

Where the College sets up a specialised commission, it shall determine : 1° The matters in respect of which it empowers the commission to take individual decisions. Such decisions may not relate to the matters referred to in II of Article L. 621-14. 2° Its composition. In addition to the chairman, each specialised committee comprises at least five members. 3° The period for which it authorises it to take the…

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Article R621-4 of the French Monetary and Financial Code

I. – Each Specialised Commission shall meet when convened by the Chairman of the Autorité des marchés financiers or at the request of half of its members. In the event of absence, the Chairman of the Autorité des marchés financiers shall appoint one of the other members of the Specialised Commission to chair the meeting. Each Specialised Commission may deliberate only if at least half of its members are present….

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Article R621-5 of the French Monetary and Financial Code

The chairman of the Enforcement Committee is elected by a majority of the members, under the chairmanship of the oldest member, for the duration of his or her term of office as a member of the Enforcement Committee. When half the members of the Enforcement Committee are re-elected, the term of office is counted from the first meeting following the appointment of the new members. A member of the AMF…

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