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Section II: Exercise of freedom of establishment and breach of obligations in connection with that exercise

Article L515-3 of the French Insurance Code

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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Article L515-4 of the French Insurance Code

I.- When the Autorité de contrôle prudentiel et de résolution finds that an insurance or reinsurance intermediary or an insurance intermediary acting on an ancillary basis is in breach of the provisions of Chapters V and VI of this Title, Title II of this Book and Articles L. 112-2, L. 112-2-1 and L. 112-11, it may take appropriate measures to put an end to the breaches found. II.-If the Autorité…

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