Regulatory Alerts2015-05-29
Instruction No. 2015-I-04 of May 29, 2015, on Approval Requests for the Use of Duration-Based Equity Risk Provisions
The Prudential Control and Resolution Authority (ACPR) establishes the procedural requirements for Solvency II entities seeking approval to apply duration-based equity risk modules to their required solvency capital. Regulated entities must submit a written application accompanied by a specific dossier via the ACPR's electronic portal prior to implementation. Furthermore, these entities are obligated to promptly notify the Authority in writing of any substantial modifications to the initial approval dossier.
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