Regulatory Alerts2007-03-26
Instruction No. 2007-02 of March 26, 2007 on Own Funds Requirements for Credit Institutions and Investment Firms (Consolidated Version)
The Prudential Control Authority issued Instruction No. 2007-02 to establish the reporting obligations and calculation methodologies for own funds requirements applicable to credit institutions and investment firms in France. The document mandates the submission of specific standardized forms covering solvency ratios, credit risk, market risk, and operational risk, with filing frequencies ranging from quarterly to annual depending on the institution's size and risk approach. It defines the scope for IFRS-compliant entities, specifies the technical XML-XBRL transmission formats, and details the regulatory references and formulas for calculating core and supplementary own funds.
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