Instruction No. 2025-I-03 of April 16, 2025, on National Prudential Documents to be Communicated Annually by Supplementary Professional Retirement Organizations

PRUDENTIAL CONTROL AND RESOLUTION AUTHORITY

Instruction No. 2025-I-03 of April 16, 2025 on National Prudential Documents to be Communicated Annually by Supplementary Professional Retirement Organizations Replacing Instruction No. 2023-I-01 of April 13, 2023

The Prudential Control and Resolution Authority (ACPR), Having regard to the Monetary and Financial Code, particularly Articles L. 612-2 and L. 612-24; Having regard to the Insurance Code, particularly Articles L.144-2, L. 322-26-2-4, L.341-1 to L.341-4, L. 381-1, L. 381-3, L. 381-4, L.381-6, L. 385-6, R. 322-7, R. 322-57, R. 341-9, R. 355-6 and R. 385-17; Having regard to the Mutual Code, particularly Articles L. 114-17, L. 114-34, L. 114-46-2, L. 214-1, L. 214-3, L. 214-12, R. 212-11 and R. 214-5; Having regard to the Social Security Code, particularly Articles L. 931-33-3, L. 942-1, L. 942-3, L. 942-6, L. 942-11, R. 931-11-1, R. 931-3-27 and R.942-5; Having regard to the Commercial Code, particularly Articles L. 225-40, L. 225-88, L. 225-102 and L. 232-1; Having regard to the opinion of the Consultative Committee on Prudential Affairs of April 3, 2025, DECIDES

Article 1:
The following are hereinafter referred to as "supplementary professional retirement organizations": supplementary professional pension funds (FRPS) mentioned in Article L. 381-1 of the Insurance Code, supplementary professional pension mutuals or unions (MRPS or URPS) mentioned in Article L. 214-1 of the Mutual Code, and supplementary professional pension institutions (IRPS) mentioned in Article L. 942-1 of the Social Security Code.

Article 2:
Supplementary professional retirement organizations shall submit to the Prudential Control and Resolution Authority, within four months following the closing of the annual fiscal year, the statements that, among the following statements established according to the models defined in Annex A of this Instruction, are applicable to them:

• RC.01.01 - Content of the submission;
• RC.02.01 - Balance Sheet;
• RCC.02.01 - Balance Sheet by allocation auxiliary accounting;
• RCG.02.01 - Balance Sheet for the general fund;
• RC.03.01 - Life technical income statement;
• RCC.03.01 - Life technical income statement by legal compartment;
• RC.03.03 - Non-technical income statement;
• RCC.03.03 - Non-technical income statement by legal compartment;
• RC.04.01 - Variation of equity for FRPS;
• RC.04.02 - Variation of equity for MRPS and URPS;
• RC.04.03 - Variation of equity for IRPS;
• RC.05.01 - Variation of fixed assets;
• RC.06.01 - Breakdown of the amount of provisions (non-technical liabilities);
• RC.07.01 - Details of regularization accounts;
• RC.08.01 - Breakdown of general expenses by nature and destination; breakdown of personnel costs; commitments vis-à-vis members of management bodies;
• RC.09.01 - Income and expenses from voluntary contributions in kind;
• RC.10.01 - Financial data related to social activity;
• RC.12.01 - Breakdown of financial results by type of movements, by type of flows and by nature of securities;
• RC.13.07 - Income statement by category (life & bodily injury);
• RC.13.08 - Income statement by category (life & bodily injury) - Branches;
• RC.14.01 - Insured persons, covered persons and beneficiaries by type of guarantees;
• RC.14.02 - Premiums and benefits by type of guarantees;
• RC.20.01 - Yield Survey;
• RC.22.01 - Profit sharing / surpluses - General Fund;
• RC.22.02 - Profit sharing / surpluses - Euro growth;
• RC.22.04 - Comparison of minimum profit sharing with the effective amount of profit sharing for the fiscal year;
• RC.23.01 - Guaranteed minimum rate, monitoring of envelopes;
• RC.26.01 - Monitoring of Branch 26 agreements (L. 441);
• RC.27.01 - Global management provision;
• RCC.28.01 - Provision for financial risk – general fund and allocation auxiliary accounting;
• RC.30.01 - Valuation of real estate assets.

Article 3:
Supplementary professional retirement organizations shall submit annually to the Prudential Control and Resolution Authority, within four months following the closing of the annual fiscal year, the statements that, among the following statements established according to the models defined in Annex B of this Instruction, are applicable to them:

• RP.01.01.01 - Content of the submission;
• RP.01.02.01 - Basic information - Generalities;
• RPC.01.03.01 - Basic information - Allocation auxiliary accounting;
• RP.02.02.01 - Simplified balance sheet by currency;
• RP.02.03.01 - Category of contracts;
• RP.03.02.01 - Off-balance sheet items - List of unlimited and limited guarantees received by the FRPS;
• RP.03.03.01 - Off-balance sheet items - List of unlimited and limited guarantees given by the FRPS;
• RP.05.01.01 - Premiums, claims and expenses by type of risk;
• RP.06.05.01 - Reconciliation of statements PF.06.02.24 (investment statement) and RC.02.01 (balance sheet);
• RP.07.01.01 - Structured products;
• RP.08.01.01 - Open positions on derivative products;
• RP.08.02.01 - Transactions on derivative products;
• RP.10.01.01 - Securities lending and repurchase agreements;
• RP.11.01.01 - Assets held as collateral;
• RP.16.02.01 - Information on the provisioning of annuities in service - Life;
• RP.30.03.01 - Reinsurance cession program - Basic data;
• RP.30.04.01 - Reinsurance cession program - Data on shares;
• RP.31.01.01 - Reinsurers' share (including finite reinsurance and securitization vehicles);
• RP.32.02.01 - Related undertakings;
• RP.36.01.01 - Intragroup transactions (IGT) - Transactions on shares and similar securities and transfers of debt and assets;
• RP.36.02.01 - Intragroup transactions (IGT) - Derivatives;
• RP.36.03.01 - Intragroup transactions (IGT) - Internal reinsurance;
• RP.36.04.01 - Intragroup transactions (IGT) - Cost sharing, contingent liabilities, off-balance sheet items and other items;
• RP.41.01.01 - Representation of regulated commitments - Summary;
• RPG.41.02.01 - Representation of regulated commitments - General Fund;
• RPC.41.03.01 - Representation of regulated commitments - by compartment L. 441-branch 26;
• RPC.41.04.01 - Representation of regulated commitments - by allocation auxiliary accounting (excluding L. 441-branch 26);
• RP.42.01.01 - Minimum margin requirement - Fraction calculated according to life rules;
• RP.42.02.01 - Minimum margin requirement - Fraction calculated according to non-life rules;
• RP.42.03.01 - Minimum margin requirement - Constituent elements;
• RP.43.01.01 - Stress test - Central scenario;
• RP.43.01.02 - Stress test - Scenario "lower yield on amortizable assets";
• RP.43.01.03 - Stress test - Scenario "lower yield on non-amortizable assets";
• RP.43.01.04 - Stress test - Scenario "longevity".

Article 4:
Supplementary professional retirement organizations shall submit to the Prudential Control and Resolution Authority, by electronic transmission using office software formats according to technical modalities defined by the General Secretariat of the Prudential Control and Resolution Authority, the following information mentioned in Article L. 385-6 of the Insurance Code:

• the solvency and financial situation report, within the time limits provided for in I and III of Article R. 355-6 of the Insurance Code;
• the regular report to the supervisor, within the time limits provided for in I and III of Article R. 355-6 of the Insurance Code;
• the report to the supervisory authority on the internal assessment of risks and solvency ("ORSA report"), within a period of 2 weeks after its approval by the board of directors or the supervisory board.

Article 5:
I. Supplementary professional retirement organizations shall submit to the Prudential Control and Resolution Authority, within four months following the closing of the annual fiscal year:

• general information, as referred to in Annex C.

II. Supplementary professional retirement organizations shall submit to the Prudential Control and Resolution Authority, within thirty days following their approval by the general meeting:

• the annual accounts published or made available in application of Articles L. 341-1 to L. 341-4 and L. 381-6 of the Insurance Code, L. 114-46-2 and L. 214-3 of the Mutual Code and L. 931-33-3 and L. 942-6 of the Social Security Code;
• the management report established in application of Articles L. 225-102 and L. 232-1 of the Commercial Code, Articles L. 322-26-2-4 and L. 381-3 of the Insurance Code, paragraph 3 of Article L. 114-17 and Article L. 214-3 of the Mutual Code and Articles L. 931-33-3 and L. 942-6 of the Social Security Code;
• the report of the statutory auditors on the annual accounts, in application of Articles L. 341-3, L. 381-3 and L. 381-6 of the Insurance Code, L. 114-46-2 and L. 214-3 of the Mutual Code and L. 931-33-3 and L. 942-6 of the Social Security Code;
• the special report of the statutory auditors on all regulated agreements, as provided for in 1° of IV of Article R. 322-57 and in Articles R. 322-7 and L. 381-3 of the Insurance Code, Articles L. 114-34 and L. 214-3 of the Mutual Code, Articles R. 931-3-27 and L. 942-3 of the Social Security Code and Articles L. 225-40 and L. 225-88 of the Commercial Code;

III. Supplementary professional retirement organizations shall submit to the Prudential Control and Resolution Authority, within thirty days following their approval by the board of directors or the supervisory board, and no later than June 30 following the closing of the annual fiscal year:

• the report on the procedures for the preparation and verification of financial and accounting information provided for in Article R. 341-9 of the Insurance Code, in application of Articles L. 381-6 of the Insurance Code, R. 212-11 of the Mutual Code and R. 931-11-1 and L. 942-6 of the Social Security Code.

IV. Supplementary professional retirement organizations shall submit to the Prudential Control and Resolution Authority, within four months following the closing of the annual fiscal year:

• the special report of the statutory auditors concerning insurance contracts of any nature subscribed with the company by its directors, members of the supervisory board, members of the executive board, its salaried executives and their spouses, ascendants and descendants, in application of 2° of IV of Article R. 322-57 and of Article L. 381-3 of the Insurance Code.

V. Supplementary professional retirement organizations shall submit to the Prudential Control and Resolution Authority, within six months following the closing of the annual fiscal year:

• the report on the results of financial management and the implementation of the investment guidelines of the allocation auxiliary accounting, provided for in Articles R. 134-13 and L. 381-4 of the Insurance Code.

VI. Organizations directly covering commitments under the Popular Savings Plan (PERP) which fall under Article L.144-2 of the Insurance Code, shall submit to the Prudential Control and Resolution Authority, within six months following the closing of the annual fiscal year:

• the annual report on the actuarial balance and the administrative, technical and financial management of the PERP, as provided for in III of Article L. 144-2 of the Insurance Code.

Article 6:
In the context of their submission to the Prudential Control and Resolution Authority, the information described in Articles 2 and 3 must be electronically signed under the conditions set by the Prudential Control and Resolution Authority's Instructions No. 2015-I-18 and No. 2017-I-12. In the case where the reports presented in Articles 4 and 5 must be transmitted in the form of several separate office documents, each of these documents must be signed.

Article 7:
The technical and methodological modalities of the submission are defined by the ACPR Instructions in force.

Article 8:
This Instruction replaces Instruction No. 2023-I-01 of April 13, 2023.
References to Instruction No. 2023-I-01 of April 13, 2023 shall be understood as references to this Instruction.

Article 9:
This Instruction is published in the Official Register of the ACPR.
It enters into force the day following its publication.

Paris, April 16, 2025,
For the Insurance Sectoral Sub-Committee
The President,
Jean-Paul FAUGÈRE