Regulatory Alerts2021-06-18
Instruction No. 2021-I-07 of June 18, 2021 amending Instruction No. 2016-I-16 of June 27, 2016 on annual prudential documents to be submitted by ACPR-supervised entities under the Solvency II regime
The Prudential Control and Resolution Authority (ACPR) issued Instruction No. 2021-I-07 to amend the annual prudential reporting requirements for entities subject to its supervision under the Solvency II regime. The amendment introduces a new exemption for captive reinsurance companies, relieving them from submitting specific financial statements including variations in fixed assets, provisions, and general expenses. This exemption applies to collections due for financial years ending on or after December 31, 2021.
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