Regulatory Alerts2018-07-11
Instruction No. 2018-I-15 of July 11, 2018 amending Instruction No. 2015-I-17 regarding the composition of the prior declaration dossier for affiliation, withdrawal, or exclusion of a mutual insurance group company, a mutual group union, or a social protection insurance group company
The Prudential Control and Resolution Authority issued Instruction No. 2018-I-15 to amend the procedural requirements for mutual insurance group entities. The directive updates the mailing address for the General Secretariat's Authorization Directorate to ensure accurate submission of prior declaration dossiers. These changes regarding affiliation, withdrawal, or exclusion of such entities became effective upon the publication of the instruction.
PRUDENTIAL CONTROL AND RESOLUTION AUTHORITY
Instruction No. 2018-I-15 amending Instruction No. 2015-I-17 dated June 30, 2015 regarding the composition of the prior declaration dossier for the affiliation, withdrawal, or exclusion of a mutual insurance group company (MIGC), a mutual group union (MGU), or a social protection insurance group company (SPIGC)
The Prudential Control and Resolution Authority, Having regard to Instruction No. 2015-I-17 regarding the composition of the prior declaration dossier for the affiliation, withdrawal, or exclusion of a mutual insurance group company (MIGC), a mutual group union (MGU), or a social protection insurance group company (SPIGC); Having regard to the opinion of the Prudential Affairs Consultative Committee dated June 20, 2018; DECIDES:
Article 1: The address set out in Article 2 of Instruction No. 2015-I-17 is replaced as follows: General Secretariat of the Prudential Control and Resolution Authority Directorate of Authorizations 66-2789 Insurance Bodies Service 4, place de Budapest CS 92 459 75436 Paris Cedex 09
Article 2: The annex to Instruction No. 2015-I-17 is replaced by the annex to this instruction.
Article 3: This instruction shall apply from the date of its publication.
Paris, July 11, 2018
For the Insurance Sectoral Sub-College The President, [Bernard DELAS]