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Article R385-11 of the French Insurance Code

Provisions relating to risks transferred to a supplementary occupational pension fund, an insurance company, a reinsurance company, a mutual insurance company or union governed by Book II of the Mutual Insurance Code or a provident institution or union governed by Title III of Book IX of the Social Security Code may be represented unconditionally by a claim on the fund, company, mutual insurance company or union or institution. By way…

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Article R385-14 of the French Insurance Code

I. – Chapter VIII of Title I of Commission Delegated Regulation (EU) 2015/35 of 10 October 2014 supplementing Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II), in the version in force on the date of publication of Decree 2017-1171 of 18 July 2017 laying down the rules applicable to supplementary occupational pension funds, shall…

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Article R385-15 of the French Insurance Code

Where supplementary occupational pension funds use references to credit ratings issued by credit rating agencies within the meaning of Article 3(1)(b) of Regulation (EC) No 1060/2009 of the European Parliament and of the Council of 16 September 2009 on credit rating agencies, the Autorité de contrôle prudentiel et de résolution, taking into account the nature, scale and complexity of such transactions, shall monitor the adequacy of the credit assessment processes…

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Article R385-16 of the French Insurance Code

I. – Articles R. 354-2-1, R. 354-3-2 and R. 354-3-3 do not apply to supplementary occupational pension funds. II. – For the application of article R. 354-3 to supplementary occupational pension funds, the following definitions apply 1° “Solvency requirements referred to in Section 2 of Chapter V of Title VIII of Book III” where “capital requirements referred to in Chapter II of this Title” are mentioned; 2° “Requirements relating to…

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Article R385-16-1 of the French Insurance Code

In addition to the requirements set out in Article R. 354-3, the report on the internal assessment of the risks and solvency of a supplementary occupational pension fund referred to in I of Article L. 385-6 shall include: 1° A description of how the internal assessment of risks is integrated into the management process and the fund’s decision-making procedures; 2° An assessment of the effectiveness of the risk management system;…

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Article R385-16-2 of the French Insurance Code

I.-The same person may be responsible, within a supplementary occupational pension fund, for several of the key functions mentioned in Article L. 354-1, with the exception of the internal audit function, which is independent of the other key functions. When the person responsible for a key function carries out an activity within a company or association which has entered into a contract with the supplementary occupational pension fund, this activity…

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Article R385-17 of the French Insurance Code

I. – Articles R. 355-1, R. 355-1-1 and R. 355-6 are applicable to supplementary occupational pension funds. For the application of the previous paragraph, the reference to article L. 355-1 is replaced by the reference to article L. 385-6 and the reference to article R. 355-7 is replaced by the reference to article R. 385-18. II. – The results of the stress tests referred to in Article L. 385-3 are…

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Article R385-18 of the French Insurance Code

The report on the solvency and financial situation referred to in Article L. 385-7 is approved by the Board of Directors or the Supervisory Board. It contains the following information, either in full or by direct and precise reference to information which is equivalent, both in nature and scope, to that published pursuant to other legislative or regulatory provisions: 1° A description of the business and results of the supplementary…

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