I.-The legal representatives, directors, employees and agents of the associations mentioned in I of Article L. 513-3 of this Code are bound by professional secrecy in the context of the tasks mentioned in I, under the conditions and subject to the penalties set out in Articles 226-13 and 226-14 of the French Penal Code. This secrecy may not be invoked against the body that keeps the register referred to in…
Insurance brokers or brokerage firms or their agents shall inform the association of which they are members of any change in the information concerning them and of any fact which may affect their membership of the association. They are required to inform the association as soon as possible if they fail to comply with the conditions or undertakings to which their membership was subject.
A decree in the Conseil d’Etat shall specify the terms and conditions for the application of this chapter.
Underwriting associations benefiting from an exemption from the rules governing the practice of insurance mediation and which engage in this activity are required to declare their activity and the type of products they offer to the Autorité de contrôle prudentiel et de résolution. They must inform the Autorité of any change in the nature of their business and of any cessation of their business.
Breaches of the provisions of Chapter II of Title I of Book V are punishable by two years’ imprisonment and a fine of €6,000, or by one of these two penalties only.
Presenting contracts with a view to their subscription or having contracts subscribed on behalf of an undertaking subject to supervision by the Autorité de contrôle prudentiel et de résolution, another undertaking mentioned in article L. 310-2 or an undertaking mentioned in article L. 310-1-1 and not authorised to carry out the corresponding operations on the territory of the French Republic is punishable by a fine of 3,000 euros. In the…
I.-When the Autorité de contrôle prudentiel et de résolution becomes aware of information that could hinder the proper performance of the duties of the body responsible for maintaining the register referred to in I of Article L. 512-1, or when it becomes aware of an offence committed by an intermediary that could lead to removal from the register, it shall inform the body responsible for maintaining the register. When the…
I.-Any insurance or reinsurance intermediary or any insurance intermediary on an ancillary basis registered in France who intends to carry on business for the first time in another Member State under the freedom to provide services regime shall send the following information to the body that keeps the register referred to in I of Article L. 512-1: 1° His name, address and registration number; 2° The Member State or Member…
I.-If the Autorité de contrôle prudentiel et de résolution ascertains that an insurance or reinsurance intermediary or an insurance intermediary on an ancillary basis carrying on business in France under the freedom to provide services is in breach of any of the obligations laid down in Books I and V, it shall communicate this information to the competent authority of the home Member State. If, despite the measures taken by…
I.-Any insurance or reinsurance intermediary or any insurance intermediary on an ancillary basis registered in France who intends to establish a branch or a permanent presence on the territory of another Member State under the freedom of establishment regime shall inform the body that keeps the register mentioned in I of article L. 512-1 and provides it with the following information: 1° His name, address and registration number; 2° The…
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75001, Paris France
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is a Registered Trademark of
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182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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