2019-12-19
The Prudential Control and Resolution Authority (ACPR) issued Instruction No. 2019-I-27 to amend the annual prudential reporting requirements for insurance entities subject to its supervision under the Solvency II regime. The directive replaces Annex 1 of the previous Instruction No. 2016-I-16, thereby updating the specific statistical forms and data transmission protocols these organizations must utilize. This updated regulatory framework becomes effective for financial years ending on or after December 31, 2020.
Instruction No. 2019-I-27 amending Instruction No. 2016-I-16 of June 27, 2016 regarding annual prudential documents to be communicated by entities subject to ACPR supervision under the so-called "Solvency II" regime
The Prudential Control and Resolution Authority, Having regard to the Monetary and Financial Code, in particular Articles L. 612-2 and L. 612-24; Having regard to the Insurance Code, in particular Articles L. 310-3-1, L. 355-1, L. 356-21, D. 344-5; Having regard to the Mutual Code, in particular Articles L. 212-1, L. 211-10 and D. 114-11; Having regard to the Social Security Code, in particular Articles L. 931-6, L. 931-9 and D. 931-37; Having regard to the Public Health Code; Having regard to the Commercial Code; Having regard to Decree No. 2015-1121 of September 4, 2015 amending the statistical statements of insurance companies, mutuals, and provident institutions regarding complementary social protection; Having regard to the Order of June 24, 2008 defining the procedures for transmitting data related to medical civil liability to the Prudential Control and Resolution Authority; Having regard to the opinion of the Prudential Affairs Consultative Committee of November 25, 2019, DECIDES
Article 1: Annex 1 of Instruction No. 2016-I-16 is replaced by Annex 1 of the present instruction.
2
Article 2: This instruction applies to the entities mentioned in Article 1 of Instruction No. 2016-I-16 with effect from financial years ending on or after December 31, 2020.
Paris, December 19, 2019
For the Insurance Sectoral Sub-College The President, [Bernard DELAS]