French Monetary and Financial Code
In forceI. - The body referred to in article L. 512-1 of the Insurance Code is responsible for establishing, maintaining and updating the register of persons referred to in I of article L. 546-1. In this capacity, it receives applications for registration or renewal of registration and decides on these applications. Where applicable, it removes the name from the register or cancels the registration under the conditions set out in article R. 546-3, VIII.
II. - The commission responsible for registrations referred to in V of article R. 512-3 of the Insurance Code is responsible for registrations in the register referred to in I above. To this end, the commission verifies that the conditions set out in article L. 500-1, articles L. 519-2, L. 519-3-3 to L. 519-4 for intermediaries in banking transactions and payment services, articles L. 541-2, L. 541-3 and I ofarticle L. 541-4 for financial investment advisors, article L. 545-2 for tied agents and articles L. 548-2 and L. 548-4 for intermediaries in participative financing are met.
III. - Any person who has an interest therein and so requests may obtain from the body referred to in I above the name of the company or establishment with which the persons referred to in article L. 546-1 have taken out an insurance contract pursuant to articles L. 519-3-4 and L. 541-3, or which have provided the financial guarantee provided for in article L. 519-4 , together with the references of the contracts or commitments in question.
IV. - The corresponding files and records are kept on a durable medium for a period of five years from the date of removal from the file.
