Regulatory Alerts2019-04-18
Instruction No. 2019-I-12 of April 18, 2019 amending Instruction No. 2015-I-34 regarding information to be transmitted to the ACPR in the context of acquiring or extending holdings in insurance or reinsurance undertakings
The Autorité de Contrôle Prudentiel et de Résolution (ACPR) issued Instruction No. 2019-I-12 to amend the procedural requirements for notifying the regulator about acquisitions or extensions of holdings in insurance and reinsurance entities. The amendment mandates that all relevant dossiers must be submitted electronically via the ACPR's specific authorization portal. This updated instruction entered into force on May 1, 2019, replacing the previous submission provisions and annexes of Instruction No. 2015-I-34.
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