Article L515-2 of the French Insurance Code
I.-If the Autorité de contrôle prudentiel et de résolution ascertains that an insurance or reinsurance intermediary or an insurance intermediary on an ancillary basis carrying on business in France under the freedom to provide services is in breach of any of the obligations laid down in Books I and V, it shall communicate this information to the competent authority of the home Member State. If, despite the measures taken by…