Regulatory Alerts2022-10-17
Instruction No. 2022-I-17 of October 17, 2022, amending Instruction No. 2021-I-15 regarding the submission of information for calculating contributions to deposit, securities, and guarantee fund mechanisms
The French Prudential Supervision and Resolution Authority (ACPR) issued Instruction No. 2022-I-17 to amend the reporting requirements for calculating contributions to deposit, securities, and guarantee fund mechanisms. The amendment removes the reference to the year 2022 and updates the CRR prudential requirement rules for Common Equity Tier 1 ratios, specifying data cutoff dates and introducing a dynamic year placeholder for applicable entities. This instruction governs contribution calculations for the year 2023 and applies across mainland France, New Caledonia, French Polynesia, and Wallis and Futuna.
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