Article R385-22 of the French Insurance Code
I. – When the solvency margin of a supplementary occupational pension fund does not reach the regulatory amount, the Autorité de contrôle prudentiel et de résolution requires a recovery plan, which must be submitted for its approval within one month. II. – When the solvency margin of a supplementary occupational pension fund does not reach the guarantee fund, or if the fund is not constituted in accordance with the regulations,…