Regulatory Alerts2023-12-14
AMF Notice on Capital Adequacy Requirements for Self-Regulatory Organizations 2023
The Autorité des marchés financiers (AMF) issued this notice to clarify the calculation of the Minimum Capital Test for self-regulatory organizations. It mandates specific methods for determining unexpired coverage under reinsurance contracts held, aligning capital measurements with IFRS 17. The guidance explicitly defines which premium and commission cash flows must be recognized or excluded to ensure consistent regulatory reporting.
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