French prudential supervisor. Under the 2010 France–Monaco exchange of letters it licenses and supervises Monegasque credit, payment and electronic-money institutions.
What they do
Keeps the lists of Monegasque credit, payment and e-money institutions up to date, and Banque de France inspectors carry out on-site inspections with the Monegasque authorities. Monaco pays a supervision contribution, and a Monegasque government representative with voting rights sits on the ACPR for Monaco-related matters.
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