Regulatory Alerts2017-10-03
Instruction No. 2017-I-16 of October 3, 2017, regarding the submission of information necessary for calculating contributions to deposit, securities, and guarantee fund mechanisms (repealed)
The French Prudential Supervision and Resolution Authority issued Instruction No. 2017-I-16 to mandate the submission of specific financial and risk data from credit institutions, investment firms, and financing companies to calculate contributions to deposit, securities, and guarantee mechanisms. The instruction defines detailed reporting schedules, requiring quarterly or annual submissions via the ONEGATE system for metrics such as leverage ratios, CET1 ratios, liquidity coverage, and non-performing loan ratios. It explicitly repeals the previous Instruction No. 2016-I-28 and establishes the technical annexes containing the exact data fields and formats required for these regulatory calculations.
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