Regulatory Alerts2020-07-08
Instruction No. 2020-I-08 of July 8, 2020, repealing Instruction No. 2018-I-17 regarding the transmission of prudential documents by insurance and reinsurance entities not subject to the Solvency II regime
The Prudential Control and Resolution Authority (ACPR) issued this consolidated instruction to establish the prudential reporting obligations for insurance and reinsurance entities not subject to the Solvency II regime. It mandates that these entities transmit specific quantitative and qualitative information to the ACPR via electronic submission using standardized formats, while granting exemptions to certain mutuals that have entered into substitution agreements. The instruction formally repeals the previous Instruction No. 2018-I-17 and entered into force the day following its publication.
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