French Insurance Code

The supervisory board of the Autorité de contrôle prudentiel et de résolution may order a person referred to in Article L. 311-5 to provide, as part of the recovery plan or convergence plan submitted to the Autorité pursuant to Articles L. 352-7 and L. 385-8 of this Code respectively, and in the recovery plan submitted to it pursuant toArticle L. 612-32 of the Monetary and Financial Code, for the application…

I.-Provided that the essential obligations of the contract continue to be met, the implementation of a crisis prevention or management measure referred to in Articles L. 311-12, L. 311-14 or L. 311-30 of this Code or Articles L. 612-33 and L. 612-34 of the Monetary and Financial Code, which is taken with regard to a person referred to in Article L. 311-1 party to this contract, or the occurrence of…

For each of the persons referred to in Article L. 311-1, the methods used to set the remuneration of executive directors, within the meaning of Articles L. 322-3-2 of this Code, L. 211-13 of the Code de la mutualité and L. 931-7-1 of the Social Security Code, and categories of staff whose professional activities have a significant impact on the risk profile of the undertaking or group, including risk-takers, persons…

A decree in the Conseil d’Etat shall specify the conditions of application of this section.