Section II: Administrative authorisation for companies with their registered office in the Swiss Confederation

Undertakings subject to State supervision pursuant to Article L. 310-1 and referred to in 3° of Article L. 310-2 may not commence their operations under an establishment regime in France until they have obtained administrative authorisation. This authorisation is not required for reinsurance acceptance operations. The authorisation referred to in the first paragraph of this Article is issued in accordance with the provisions of the second and third paragraphs of…