2019-04-23

Instruction No. 2019-I-20 of April 23, 2019 amending Instruction No. 2018-I-07 of July 9, 2018 regarding the withdrawal of approval, authorization, or registration of credit institutions and related entities

The Prudential Control and Resolution Authority (ACPR) issued Instruction No. 2019-I-20 to amend the procedures for withdrawing approvals, authorizations, or registrations of credit institutions, financing companies, investment firms, payment institutions, and electronic money institutions. The amendment mandates that the required forms and supplementary documents be submitted electronically via the ACPR's 'Autorisations' portal. This instruction entered into force on May 1, 2019.

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PRUDENTIAL CONTROL AND RESOLUTION AUTHORITY

Instruction No. 2019-I-20 amending Instruction No. 2018-I-07 of July 9, 2018 regarding the withdrawal of approval, authorization, or registration of credit institutions, financing companies, third-party financing companies, investment firms, payment institutions, account information service providers, or electronic money institutions

The Prudential Control and Resolution Authority, Having regard to the Monetary and Financial Code, in particular Articles L. 612-2 and L. 612-24; Having regard to Instruction No. 2018-I-07 of July 9, 2018 regarding the withdrawal of approval, authorization, or registration of credit institutions, financing companies, third-party financing companies, investment firms, payment institutions, account information service providers, or electronic money institutions; Having regard to the opinion of the Prudential Affairs Advisory Commission of April 3, 2019, DECIDES

Article 1: Article 3 of the aforementioned Instruction No. 2018-I-07 is replaced by the following provisions:

"The duly completed and signed form and supplementary documents are to be sent in electronic format to the Prudential Control and Resolution Authority by uploading them to the Authorizations portal at the following address: https://acpr.banque-france.fr/autoriser/portail-autorisations"

Article 2: The annex to the aforementioned Instruction No. 2018-I-07 is replaced by the annex to this Instruction;

Article 3: This Instruction shall enter into application on May 1, 2019.

Paris, April 23, 2019 The Designated President, [Denis BEAU]