Regulatory Alerts2020-12-16
Instruction No. 2020-I-16 of 16 December 2020 amending Instruction No. 2016-I-16 of 27 June 2016 regarding annual prudential documents to be communicated by entities subject to ACPR supervision under the Solvency II regime
The Prudential Control and Resolution Authority (ACPR) issued Instruction No. 2020-I-16 to amend the annual prudential reporting requirements for entities supervised under the Solvency II regime. The amendment introduces a new reporting obligation for entities using internal models to submit the FR.29.01 statement within eight months of the fiscal year-end and updates the submission deadlines and content for annual financial reports, management reports, and statutory auditor reports. These changes apply to collections due for fiscal periods ending on or after 31 December 2020 in electronic format, and on or after 31 December 2021 in XBRL format.
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