Regulatory Alerts2015-10-12
Instruction No. 2015-I-24 of October 12, 2015 amending Instruction No. 2015-I-08 on the standard approach to liquidity risk
The Prudential Control and Resolution Authority (ACPR) amends Instruction No. 2015-I-08 to extend the application of the standard approach to liquidity risk to branches of credit institutions established in France with headquarters outside the EU/EEA. This amendment adds Article 8, which subjects these specific branches to the instruction's provisions until June 30, 2016. The instruction enters into force on January 1, 2016, following consultation with the Prudential Affairs Advisory Commission.
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