Regulatory Alerts2015-12-07
Instruction No. 2015-I-26 of December 7, 2015, amending Instruction No. 2009-04 of June 19, 2009, regarding complementary discounts for calculating contributions due by institutions subject to deposit, securities, and guarantee schemes
The Prudential Control and Resolution Authority issued Instruction No. 2015-I-26 to update the regulatory framework for calculating contributions from institutions subject to deposit, securities, and guarantee schemes. The amendment modifies Instruction No. 2009-04 by updating the title to include resolution mechanisms, replacing obsolete regulatory references with the October 27, 2015 ministerial orders, and adjusting the submission frequency for the SYS_GAR10 table to quarterly. Additionally, transitional provisions were established for the 2015 reporting period to ensure compliance with the new quarterly declaration requirements based on figures as of July 31 and December 31, 2015.
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