French Prudential Supervisory Authority

The French Prudential Supervisory Authority (Autorité de Contrôle Prudentiel - ACP) is an independent administrative authority, which monitors the activities of banks and insurance companies in France. It operates operating under the auspices of the French central bank, Banque de France.

History

It was founded 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).[1]

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References

  1. ^ "The ACP an overview". banque de france. 17 December 2010. [dead link]
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See also

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Last modified on 22 March 2013, at 10:59