French Prudential Supervisory Authority
Encyclopedia
The French Prudential Supervisory Authority (Autorité de Contrôle Prudentiel - ACP) is an independent administrative authority, which monitors the activities of bank
s and insurance companies in france. It operates operating under the auspices of the French central bank, Banque de France
.
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
s and insurance companies in france. It operates operating under the auspices of the French central bank, Banque de France
Banque de France
The Banque de France is the central bank of France; it is linked to the European Central Bank . Its main charge is to implement the interest rate policy of the European System of Central Banks...
.
History
It was founded in January 2010 by the ordinance number 2010-76 by merging the French Banking Commission, the Mutual Insurance Supervisory Authority (CAMA), and the Committee credit institutions and investment firms (CECEI).See also
- Banque de FranceBanque de FranceThe Banque de France is the central bank of France; it is linked to the European Central Bank . Its main charge is to implement the interest rate policy of the European System of Central Banks...
- Autorité des marchés financiers (France)