France: Report on the Observance of Standards and Codes-Monetary and Financial Policies Transparency and Fiscal Transparency-Updates

International Monetary Fund

No 2002/248, IMF Staff Country Reports from International Monetary Fund

Abstract: This report evaluates the Observance of Standards and Codes on Monetary and Financial Policies Transparency and Fiscal Transparency for France. Up to mid-2001, different rules were applied to insurance firms regulated by the Insurance Code and to establishments regulated by the Code de la Mutualité. Moving toward the consolidation of these rules, a new Code de la Mutualité was ratified by Parliament in July 2001. Now, prudential rules concerning authorizations for new entrants in the insurance business, technical provision, and solvency margins are the same for all companies in the sector.

Keywords: ISCR; CR; code de la Mutualité; sc; Mutualité; principle of sincerity; B. insurance regulation; Opérations de Bourse; harmonization of rule; Insurance; Budget planning and preparation (search for similar items in EconPapers)
Pages: 4
Date: 2002-11-13
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