2019-04-18
The Prudential Control and Resolution Authority (ACPR) issued Instruction No. 2019-I-10 to amend the procedural requirements for insurance and reinsurance undertakings seeking administrative approval or extension. The amendment replaces the previous submission rules by mandating that all relevant dossiers be submitted electronically via the ACPR's specific authorization portal. This change takes effect on May 1, 2019, following consultation with the Prudential Affairs Advisory Commission.