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Autorité de Contrôle Prudentiel et de Résolution

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ACPR
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The ACPR is responsible for the supervision of the banking and insurance sectors. It ensures the stability of the financial system and the protection of customers.
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The Autorité de contrôle prudentiel et de résolution exercises ongoing supervision over all organisations in the banking and insurance sector.
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The financial sector is exposed to money laundering and terrorist financing risks. As such, it is subject to anti-money laundering and anti-terrorist financing (AML/CFT) provisions.
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The ACPR shall ensure the protection of customers policyholders, members and beneficiaries of entities subject to its supervision
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The objective of resolution is to minimise the impact of bank failures on financial stability, protect depositors and avoid the need for a state bail-out.
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Concerning the banking sector, the ACPR is a member of the main European and international bodies on banking and insurance, and therefore contributes actively to the definition of international standards and to the elaboration process of EU regulations. The ACPR contributes also to the definition and implementation of the European banking regulation. Since November 2014, the ACPR is a member of the Single Supervisory Mechanism (SSM) of the euro area runs also an active cooperation policy with its foreign peers.
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[Working Paper] n°721 📝 Informal Sector and Mobile Financial...

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banquedefrance

banquedefranceBanque de France113367297565437952105/29/2019 - 11:54[Working Paper] n°721 📝 Informal Sector and Mobile Financial Services in Developing Countries: Does Financial Innovation Matter? #BdFEco https://t.co/RxGAfaIGWU

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