Regulatory Alerts2010-09-20
Instruction No. 2010-I-02 of September 20, 2010 amending Instruction No. 2007-02 of March 26, 2007 on capital requirements for credit institutions and investment firms
The Prudential Control Authority issued Instruction No. 2010-I-02 to amend the capital requirements framework for credit institutions and investment firms in France. This instruction implements European directives by deleting specific articles of the 2007-02 instruction and replacing the CA statement with a detailed template for calculating solvency ratios. The updated template provides granular definitions, regulatory references, and formulas for core and supplementary capital components, including specific treatments for IFRS adjustments and latent gains or losses.
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