Regulatory Alerts2021-12-16
Instruction No. 2021-I-26 of 16 December 2021 amending Instruction 2018-I-11 of 11 July 2018 on prudential documents to be communicated annually by supplementary professional pension schemes
The Prudential Control and Resolution Authority issued Instruction No. 2021-I-26 to amend the annual prudential reporting requirements for supplementary professional pension schemes. The regulation removes references to specific financial statements regarding care expenses and management fees from Article 2 and replaces Annex A of the original 2018 instruction with a new version. This amended instruction entered into force immediately upon its publication on 16 December 2021.
PRUDENTIAL CONTROL AND RESOLUTION AUTHORITY
Instruction No. 2021-I-26 amending Instruction 2018-I-11 of 11 July 2018 on prudential documents to be communicated annually by supplementary professional pension schemes
The Prudential Control and Resolution Authority, Having regard to the Insurance Code, in particular Articles L. 381-1, L. 385-6, R. 355-6 and R. 385-17; Having regard to the Monetary and Financial Code, in particular Articles L. 612-2 and L. 612-24; Having regard to the Mutual Insurance Code, in particular Articles L. 214-1, L. 214-12 and R. 214-5; Having regard to the Social Security Code, in particular Articles L. 942-1, L. 942-11 and R. 942-5; Having regard to the opinion of the Prudential Affairs Consultative Commission of 16 November 2021, DECIDES
Article 1: In Article 2, the references to the following statements are removed:
- RC.14.03 – Care expenses and daily allowances paid during the financial year
- RC.14.04 – Management fee supplements for "care expenses" guarantees, delegated management of a mandatory health scheme, CMU, ACS and tax on insurance conventions for health contracts
Article 2: Annex A of Instruction No. 2018-I-11 is replaced by Annex A of this Instruction.
Article 3: This Instruction shall enter into force as of its publication.
Done in Paris, on 16 December 2021
For the Sectoral Sub-College of Insurance The President, [Jean-Paul FAUGÈRE]