In accordance with paragraph III, Article R.322-11-2 of the Insurance Code, the ACPR assesses each of the following criteria:
- The reputation of the acquiring party.
- The reputation and experience of any person who, following the planned transaction, will oversee the undertaking’s activities.
- The financial strength of the proposed acquiring party, in view of the types of activities undertaken and planned within the undertaking that is the subject of the proposed transaction.
- The undertaking’s ability to fulfil and continue to fulfil the provisions of the Insurance Code, in particular with regard to its effective supervision following the transaction. The ACPR assesses the institution’s ability to meet prudential requirements, and in particular whether the structure of the group to which it will belong enables it to exercise effective supervision, genuinely exchange information with the competent authorities and determine how responsibilities are shared between the competent authorities.
- The existence of reasonable grounds for suspecting that attempted money laundering is in progress or has been undertaken in relation to the planned acquisition, or that the planned acquisition could increase the risk thereof.