Regulatory Alerts2002-03-28
Instruction No. 2002-02 of March 28, 2002 regarding the submission of annual accounts, periodic documents, and other information
The French Banking Commission issued Instruction No. 2002-02 to update reporting requirements for credit institutions and investment firms, replacing the term 'credit institutions' with 'subject establishments' to include investment firms and regulated market members. The instruction mandates the submission of specific periodic and annual financial statements, introduces new reporting forms for financial instruments and deposit guarantees, and extends reporting obligations to investment firm branches in France. These regulatory changes, which repeal previous instructions, entered into force on January 1, 2003, with immediate effect for certain transitional provisions.
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