Instruction No. 2015-I-23 of October 12, 2015 amending Instruction No. 2014-I-10 of August 22, 2014 on prudential requirements for financing companies

PRUDENTIAL CONTROL AND RESOLUTION AUTHORITY

Instruction No. 2015-I-23 amending Instruction No. 2014-I-10 of August 22, 2014 on prudential requirements applicable to financing companies

The Prudential Control and Resolution Authority, Having regard to Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012, as well as the corrections published in the Official Journal of the European Union on August 2, 2013, and November 30, 2013; Having regard to Commission Implementing Regulation (EU) No 680/2014 of April 16, 2014 on prudential reporting requirements for institutions pursuant to Regulation (EU) No 575/2013 of the European Parliament and of the Council; Having regard to Commission Implementing Regulation (EU) 2015/79 of December 19, 2014 amending Implementing Regulation (EU) No 680/2014; Having regard to the Order of December 23, 2013 on the prudential regime for financing companies, particularly Article 10 thereof; Having regard to the opinion of the Advisory Committee on Prudential Affairs dated September 18, 2015; Decides:

Article 1 In Article 2, point 3) of the aforementioned Instruction No. 2014-I-10, the following paragraph is added after paragraph e): "f) Tables relating to charges on assets defined in Annex XVI to Commission Implementing Regulation (EU) No 680/2014 of April 16, 2014 mentioned above, in the formats and frequencies defined in Article 16 bis of that same Implementing Regulation."

Article 2 In Article 2, point 3) of the aforementioned Instruction No. 2014-I-10, the reference "paragraphs b, c, d and e" is replaced by the reference "paragraphs b, c, d, e and f" for its first three occurrences.

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Article 3 In Article 2 of the aforementioned Instruction No. 2014-I-10, at the end of the penultimate paragraph, the following sentence is added: "Paragraph f applies from March 31, 2016."

Article 4 In Article 2 of the aforementioned Instruction No. 2014-I-10, in the last paragraph, the reference "implementing technical standard" is replaced by the reference "Commission Implementing Regulation (EU) No 680/2014 of April 16, 2014."

Article 5 This Instruction shall enter into force upon its publication in the Official Register of the Prudential Control and Resolution Authority.

Paris, October 12, 2015

The President of the Prudential Control and Resolution Authority, [Robert OPHÈLE]