Without prejudice to the provisions of Article L. 229-4 of the Commercial Code, the Autorité de contrôle prudentiel et de résolution also has the power to oppose, in accordance with the provisions of Article 8(14) and Article 19 of Council Regulation (EC) No 2157/2001 of 8 October 2001 on the Statute for a European Company (SE), the transfer of the registered office of an investment firm incorporated as a European Company registered in France, which would result in a change in the applicable law, and the formation of a European Company by way of merger involving an investment firm authorised in France. This decision may be appealed to the Conseil d’Etat.