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Article R311-14 of the French Insurance Code

The decision of the collège de résolution to extend, pursuant to Article L. 311-39, the deadline for withdrawing the authorisation of the bridge institution, shall be based on an assessment of the situation of the bridge institution and the market conditions and outlook justifying the extension of the activity of this institution.

Original in French 🇫🇷
Article R311-14

La décision du collège de résolution de prolonger, en application de l’article L. 311-39, le délai de retrait de l’agrément de l’établissement-relais, se fonde sur une évaluation de la situation de l’établissement-relais et des conditions et perspectives du marché justifiant la prolongation de l’activité de cet établissement.

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