Subsection 2: Verification of the conditions governing admission to the profession

The association verifies that the staff of its members subject to the good repute condition mentioned in articles L. 511-3 and L. 512-4 meet this condition. To this end, any person applying for membership or renewal thereof shall provide the association each year with an updated list of the staff concerned, indicating the surnames, first names and functions of the corresponding employees. It must certify that each of them meets…

The association shall check that its members comply with the obligation to take out a professional indemnity insurance policy as referred to in article L. 512-6. It shall check in particular that this policy, where required, covers the activities of its members as insurance or reinsurance brokers or as agents of insurance intermediaries and that it meets the conditions referred to in I and II of article R. 512-14. To…

The association verifies that its members comply with the obligation to take out a financial guarantee as set out in article L. 512-7. It ensures that the amount of the guarantee referred to in article R. 512-7 is calculated in accordance with the applicable regulations and that it covers the reimbursement of funds actually collected by its members. To this end, each member must provide the association with an annual…