Regulatory Alerts2015-06-30
Instruction No. 2015-I-17 on the composition of the prior notification dossier for affiliation, withdrawal, or exclusion of SGAM, UMG, or SGAPS, as amended
The Prudential Control and Resolution Authority (ACPR) mandates the precise composition and electronic submission format for the prior notification dossier required when mutual insurance group companies (SGAM), mutual group unions (UMG), or social protection insurance group companies (SGAPS) seek affiliation, withdrawal, or exclusion. Amended through October 2024, this Instruction supersedes the 2011 directive and operationalizes requirements under the French Monetary and Financial, Insurance, Mutual, and Social Security Codes. It establishes the definitive procedural framework, directing all filings to the ACPR portal and specifying that the dossier must strictly contain the elements outlined in its annex.
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