Regulatory Alerts2011-11-23
Instruction No. 2011-I-19 of November 23, 2011 on the Approval Procedure for a Code of Good Conduct
The Prudential Supervision and Resolution Authority issued Instruction No. 2011-I-19 to establish the procedural requirements for professional associations seeking approval of a code of good conduct. The instruction mandates that applications be submitted in French with supporting documentation proving representativity and legal authority, while ensuring the code's provisions are precise rather than merely declarative. It further outlines the process for submitting amendments to approved codes and confirms the publication of the instruction in the Authority's official register.
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