Regulatory Alerts2018-07-11
Instruction No. 2018-I-16 of July 11, 2018, repealing Instruction No. 2017-I-03 regarding annual prudential documents to be submitted by ACPR-supervised entities not subject to Solvency II
The Prudential Control and Resolution Authority (ACPR) issued Instruction No. 2018-I-16 to repeal Instruction No. 2017-I-03, establishing the annual prudential reporting obligations for insurance companies, mutuals, and provident institutions not subject to the Solvency II regime. The instruction mandates that these entities submit specific statistical statements, financial accounts, and regulatory reports to the ACPR within four months of the fiscal year-end or within thirty days of approval. It details the exact forms and documents required based on the entity's legal structure and the nature of its activities, such as life, non-life, or mixed insurance operations.
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