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Article L385-9 of the French Insurance Code

Supplementary occupational pension funds belonging to a group within the meaning of Article L. 356-1 are subject to group supervision under the conditions laid down in Chapter VI of Title V of Book III, without prejudice to the sector-specific rules applicable to them. Supplementary occupational pension funds belonging to a financial conglomerate within the meaning of Article L. 517-3 of the Monetary and Financial Code are subject to supplementary supervision…

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Article L385-10 of the French Insurance Code

Except for the purposes of constituting the solvency margin referred to in Article L. 385-2, supplementary occupational pension funds shall not take out loans or act as guarantors for third parties. The Autorité de contrôle prudentiel may, however, authorise a supplementary occupational pension fund to take out a loan for liquidity purposes on a temporary basis.

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