Regulatory Alerts2016-10-03
Instruction No. 2016-I-21 of 3 October 2016 on Systemic Importance Indicator Reporting under Article 131(2) of Directive 2013/36/EU (CRD)
The Prudential Supervision and Resolution Authority issued Instruction No. 2016-I-21 to mandate systemic importance indicator reporting for relevant entities with a size indicator exceeding 200 billion euros. These entities must submit data via a standardized electronic form to the Authority's General Secretariat by March 30 each year to facilitate the identification of Global Systemically Important Institutions. The instruction defines the scope of applicable entities, specifies the data requirements based on EU regulations, and entered into force on October 15, 2016.
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