French Insurance Code

At the justified request of the supervisory authority of the home Member State of the undertakings, the Autorité de contrôle prudentiel et de résolution shall restrict or prohibit the free disposal of all or part of those assets of insurance or reinsurance undertakings whose head office is situated within the territory of a Member State of the European Union other than France which are located within the territory of the…

Any insurance or reinsurance undertaking whose head office is located in the territory of a Member State of the European Union other than France operating in the territory of the French Republic under the right of establishment or the freedom to provide services must be able to communicate at any time all documents and information enabling it to demonstrate that it is complying with its obligations under this code. It…

Where an insurance or reinsurance undertaking operating within the territory of the French Republic under the freedom to provide services or the freedom of establishment does not comply with the rules which apply to it, the Autorité de contrôle prudentiel et de résolution shall order the undertaking concerned to put an end to this irregular situation. If the undertaking does not comply with the injunction thus addressed to it, the…

If, where France is the host Member State, the Autorité de contrôle prudentiel et de résolution considers that the activities of an insurance or reinsurance undertaking could jeopardise its financial soundness, it shall inform the supervisory authority of the undertaking’s home Member State.