Regulatory Alerts2018-07-09
Instruction No. 2018-I-07 of July 9, 2018, on the withdrawal of approval, authorization, or registration of credit institutions, financing companies, third-party financing companies, investment firms, payment institutions, account information service providers, and electronic money institutions
The Prudential Control and Resolution Authority (ACPR) issued Instruction No. 2018-I-07 to standardize the procedures for credit institutions, investment firms, and other financial entities seeking the withdrawal of their regulatory approvals. The instruction mandates that affected establishments submit a complete application dossier using the specific form attached to the document. These applications must be filed electronically via the ACPR's Autorisations portal to ensure compliance with prudential regulations.
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