Regulatory Alerts2021-01-13
Instruction No. 2021-I-01 of January 13, 2021, regarding the form for the appointment or renewal of a senior manager and the form for the appointment or renewal of the mandate of a member of a corporate body
The Prudential Control and Resolution Authority (ACPR) issued Instruction No. 2021-I-01 to mandate the electronic declaration of appointments or renewals for senior managers and board members of regulated financial entities. The instruction specifies that declarations must be submitted via the ACPR's 'Autorisations' portal or the ECB's 'IMAS' portal within 15 days of the decision, with specific exemptions for payment and e-money institutions regarding mandate renewals. This instruction repeals and replaces the previous 2018-I-06 directive and entered into force on January 27, 2021.
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