Article R513-11 of the French Insurance Code
November 7, 2023
Following its audits, the association recommends any compliance measures to its members and ensures that they are followed up.
Following its audits, the association recommends any compliance measures to its members and ensures that they are followed up.
The association is drawing up a guide to professional competence and ongoing professional training and development. This guide contains a list of training courses adapted to the levels of professional competence of its members and the staff concerned, as well as to the nature of the products they distribute and the methods of distribution.
The Association may carry out statistical surveys to improve its knowledge of the market. To this end, each member shall provide the Association each year with data relating to the organisation of its business, its workforce, the products it distributes, the breakdown of its customer base between retail and professional customers and its product suppliers. The association shall make the data collected available to the Autorité de contrôle prudentiel et…
The association provides its members with all relevant information relating to changes in the regulations applicable to them. It informs them of any difficulties in the insurance or reinsurance market which affect or are likely to affect the interests of customers or potential customers.
The association shall equip itself with the resources it needs to support its members in carrying out their activities and complying with their obligations. It shall put in place an organisation and written procedures enabling it to carry out the tasks referred to in section II in accordance with the applicable legislative and regulatory provisions. To this end, it shall have at its disposal staff specifically assigned to the performance…
The association draws up a code of conduct setting out the rules applicable to its members. This code may be common to one or more approved associations. The association may ask the Autorité de contrôle prudentiel et de résolution to approve this code under the conditions set out inArticle L. 612-29-1 of the Monetary and Financial Code.
In addition to the committee provided for in article R. 513-20, the association’s articles of association set up a general meeting and a board of directors. These articles of association lay down the composition and powers of these bodies and the procedures for representing the association in dealings with third parties. The association shall ensure that the diversity of its members is represented, particularly in the composition of its governing…
If the association is also authorised underArticle L. 519-13 of the Monetary and Financial Code or III of Article L. 541-4 of the same code, it may be set up according to a federal model separating each of its activities into separate associations or set up as an integrated structure in which all its activities are represented within the same association. The association shall set up cost accounting to enable…
The association shall adopt written procedures for the prevention and management of conflicts of interest. It shall inform the Autorité de contrôle prudentiel et de résolution and its members of any links of any kind, in particular capital or commercial links, as well as offices held on a voluntary basis, between the members of its governing bodies and insurance distributors or training organisations that could constitute conflicts of interest. At…
I.-The Association shall set up a committee responsible for imposing the sanctions referred to in the first paragraph of II of Article L. 513-5 and in Article L. 513-6 on its members. This committee shall be independent and impartial. It shall have at least three members, as follows: 1° One third of its members shall be qualified persons appointed for their expertise in insurance matters and who are independent of…
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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