Regulatory Alerts2017-02-16
Instruction No. 2017-I-04 of 16 February 2017 on the transmission to the Prudential Control and Resolution Authority of prudential documents by insurance and reinsurance undertakings not subject to the Solvency II regime (repealed)
The Prudential Control and Resolution Authority (ACPR) mandates that French insurance and reinsurance undertakings outside the Solvency II regime submit specified quarterly and annual prudential documents to its General Secretariat. These entities must transmit quantitative data using official ACPR electronic templates with values in euros, alongside signed paper copies sent by post to a designated Paris address. Issued on 16 February 2017, this instruction repeals Instruction No. 2016-I-18, takes effect upon publication, and explicitly exempts mutual insurance societies that have fully adopted a substitution agreement under Article L. 211-5 of the Mutual Insurance Code.
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