Regulatory Alerts2023-07-17
Instruction No. 2023-I-08 of July 17, 2023, Repealing and Replacing Instruction No. 2023-I-02 of April 13, 2023, Regarding Annual Prudential Documents to be Submitted by Entities Subject to ACPR Supervision under the Solvency II Regime
The Prudential Control and Resolution Authority (ACPR) issued Instruction No. 2023-I-08 to replace the previous directive, establishing the specific annual prudential reporting obligations for insurance and reinsurance entities supervised under the Solvency II regime. The instruction mandates the submission of detailed financial statements, balance sheets, and specialized reports within strict deadlines ranging from thirty days to eight months following the fiscal year-end. It also explicitly repeals several prior instructions from 2013 and 2014 to consolidate the regulatory framework for prudential data transmission.
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