Regulatory Alerts2018-07-11
Instruction No. 2018-I-10 of July 11, 2018 amending Instruction No. 2016-I-06 of March 11, 2016 regarding the composition of the file for the conclusion or amendment of a substitution agreement
The Prudential Control and Resolution Authority (ACPR) issued Instruction No. 2018-I-10 to amend the procedural requirements for filing documents related to substitution agreements. The amendment updates Article 2 of Instruction No. 2016-I-06 to specify the electronic submission address for the required dossier and replaces Annexes 1 and 2 with new versions provided in the current instruction. These changes entered into force immediately upon the publication of the instruction on July 11, 2018.
PRUDENTIAL CONTROL AND RESOLUTION AUTHORITY
Instruction No. 2018-I-10 amending Instruction No. 2016-I-06 dated March 11, 2016 regarding the composition of the file for the conclusion or amendment of a substitution agreement
The Prudential Control and Resolution Authority, Having regard to Instruction No. 2016-I-06 regarding the composition of the file for the conclusion or amendment of a substitution agreement; Having regard to the Mutual Insurance Code, particularly Articles L. 211-5 and R. 211-21 to R. 211-27; Having regard to the opinion of the Prudential Affairs Advisory Commission of June 20, 2018. DECIDES
Article 1 Article 2 of Instruction No. 2016-I-06 is replaced as follows: "The file composed of these elements is sent electronically to the following address: 2789-soa-ut@acpr.banque-france.fr."
Article 2 Annex 1 and Annex 2 of Instruction No. 2016-I-06 are replaced by the annexes of this instruction.
Article 3 This instruction enters into application on the date of its publication.
Paris, July 11, 2018
For the Sectoral Sub-Committee for Insurance The President [Bernard DELAS]