This article LTG
Goldrock to introduce the French prudent regulatory authority ~
French Prudential Supervision Administration
(Autorité
de control prudentiel et de
Résolution, referred to as ACPR) is the main financial regulatory agency in France. As the securities market regulatory agency, AMF is responsible for regulating financial markets and investment companies.
Crude supervision is also known as "financial risk supervision" and "financial risk supervision".Supervision and management of the ability and status of financial institutions to prevent and control risks.The concept of market economy countries uses "financial supervision" or bank supervision. Financial institutions are special enterprises that operate currency and provide intermediary services.
ACP (renamed ACPR in 2013) was created on March 9, 2010 based on the order on January 21, 2010, which is the result of the merger of the bank insurance industry regulatory department and regulatory department.The establishment of this power expansion is right
2008
A response to new challenges appearing during the annual financial crisis and its consequences: The new institution is clearly responsible for ensuring the stability of the financial system and preventing a new financial crisis; ACPR
It also ensures the protection of customers, insurers, members and beneficiaries regulated by them.The agency also performs the task of combating money laundering and funding terrorism.
2013
year 7
moon
26
On the day, the separation and regulatory law of the banking activity and regulatory law
ACP
New powers in bank disposal to help resolve crises at lower costs; in this case, it has become a prudent control and solution mechanism.ACPR
Power of resolution
2016
Year
12
The monthly expansion to the insurance industry.
ACPR
It is a comprehensive institution, responsible for two departments of banks and insurance, unlike special agencies to supervise only one of the two departments of the two departments.Such an organization responds to the desire to use the coordinated effects related to the supervision of banks and insurance departments in France. The major French bank groups usually have insurance companies. These subsidiaries are one of the most important participants in the market.
It exists in all aspects of the prudent field, not just in pure personal regulatory agencies; its actions include a macro -prudential level aimed at achieving financial stability and supported by Bank of France; ACPR
There are also solutions.
In addition to the prudent field, it also ensures the supervision of the behavior risks of the two departments (banks and insurance), including business behavior and cracking money on money laundering and funding terrorism.This cross -domain method helps strengthen the stability of the financial sector in all aspects.
