Section III: Organisational requirements

In order to ensure compliance with the requirements set out in Articles L. 511-2 and L. 511-3 by staff engaged in the distribution of insurance or reinsurance, insurance or reinsurance undertakings shall approve, implement and regularly update their internal policies and appropriate internal procedures. They shall establish a function within the undertaking responsible for ensuring the proper implementation of the approved policies and procedures and shall communicate to the Autorité…

As part of the registration procedure, the body that keeps the register referred to in I of Article L. 512-1 exchanges relevant information on an ongoing basis with the Autorité de contrôle prudentiel et de résolution and its counterparts in the other Member States, particularly concerning the good repute and professional knowledge and skills of insurance or reinsurance intermediaries and insurance intermediaries acting on an ancillary basis. This body also…

All persons required to receive or disclose information in connection with the provisions of this chapter are bound by professional secrecy under the conditions set out inArticle L. 612-17 of the Monetary and Financial Code.