French Prudential Supervision and Resolution Authority

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The French Prudential Supervision and Resolution Authority[1] (Autorité de contrôle prudentiel et de résolution - ACPR) is an independent administrative authority, which monitors the activities of banks and insurance companies in France. It operates under the auspices of the French central bank, Banque de France.

History[edit]

It was founded as the Autorité de contrôle prudentiel (ACP) in January 2010 by the ordinance number 2010-76 by merging the French Banking Commission, the Mutual Insurance Supervisory Authority (ACAM), and the Committee credit institutions and investment firms (CECEI).[2] In July 2013, ordinance number 2013-672 clarified its role in bank resolution and renamed it Autorité de contrôle prudentiel et de résolution.

See also[edit]

References[edit]

  1. ^ "The Autorité des marchés financiers (AMF) and the French Prudential Supervision and Resolution Authority (ACPR) have launched a public consultation on crowdfunding". Autorité des marchés financiers. 5 November 2013. Retrieved 27 May 2016. 
  2. ^ "The ACP an overview" (PDF). banque de france. 17 December 2010. Archived from the original (PDF) on January 24, 2011. 

External links[edit]