Article R356-29 of the French Insurance Code
The undertakings referred to in the first paragraph of Article R. 356-8 or the undertakings designated in accordance with 5° of Article L. 356-15 shall notify the Autorité de contrôle prudentiel et de résolution at least once a year of any significant risk concentration at group level. The Autorité de contrôle prudentiel et de résolution in its capacity as group supervisor shall, after consulting the other authorities concerned and the…