Article L322-4 of the French Insurance Code
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…