Chapter II: Constitution and operating rules

The Autorité de contrôle prudentiel et de résolution must be notified of changes in the ownership of the undertakings referred to in 1° of Article L. 310-2 and in 1° of III of Article L. 310-1-1 . The acquisition or extension of direct or indirect shareholdings in these undertakings must be authorised by the Autorité de contrôle prudentiel et de résolution. When the Autorité de contrôle prudentiel et de résolution…

The Autorité de contrôle prudentiel et de résolution shall inform the European Commission, the European Insurance and Occupational Pensions Authority and the supervisory authorities of the other Member States of any acquisition of a holding which may confer control of an undertaking referred to in 1° of Article L. 310-2 or in 1° of III of Article L. 310-1-1 on an undertaking whose registered office is located in a State…

For the purposes of Article L. 225-21 of the Commercial Code, the directorships of a société anonyme belonging to an insurance group controlled, within the meaning of Article L. 356-1, by a mutual insurance company or a mutual reinsurance company count as a single directorship.

In the annual management report provided for inArticle L. 232-1 of the Commercial Code, insurance undertakings shall indicate the amount of the profit-sharing referred to in Article L. 132-29 and how it has been distributed over the past year.

In the event of one or more members of the Board of Directors ceasing to hold office, following a decision by the Autorité de contrôle prudentiel et de résolution to oppose their appointment pursuant toArticle L. 612-23-1 of the Monetary and Financial Code, the companies referred to in 1° of III of Article L. 310-1-1 and in 1° of I of Article L. 310-2 of this Code and constituted as…

In the event of one or more members of the Supervisory Board ceasing to hold office, following a decision by the Autorité de contrôle prudentiel et de résolution to oppose their appointment pursuant toarticle L. 612-23-1 of the French Monetary and Financial Code, the undertakings referred to in 1° of III of article L. 310-1-1 and in 1° of I of article L. 310-2 of this Code and constituted as…