Regulatory Alerts2025-10-22
Instruction No. 2025-I-22 on the Composition of the File for Concluding or Amending a Substitution Agreement
The Prudential Control and Resolution Authority issued Instruction No. 2025-I-22 to update the annexes defining the required elements for concluding or amending a substitution agreement under Article L. 211-5 of the Mutual Code. This directive replaces previous instructions from 2016, 2018, 2019, and 2024, mandating that the electronic dossier be submitted via the ACPR portal. The regulation officially enters into force on January 1, 2026.
Share