Regulatory Alerts2022-04-11
Instruction No. 2022-I-08 of April 11, 2022 amending Instruction No. 2020-I-10 on the reporting of prudential financial information related to exposures subject to measures applied in response to the COVID-19 crisis
The Prudential Control and Resolution Authority (ACPR) issued Instruction No. 2022-I-08 to amend the regulatory framework for reporting prudential financial information regarding exposures affected by COVID-19 crisis measures. This amendment specifically deletes the first and second paragraphs of point (b) in Article 2 of the original Instruction No. 2020-I-10. The revised instructions entered into force the day following their publication on April 11, 2022.
PRUDENTIAL CONTROL AND RESOLUTION AUTHORITY
Instruction No. 2022-I-08 amending Instruction No. 2020-I-10 of July 15, 2020 on the reporting of prudential financial information related to exposures subject to measures applied in response to the COVID-19 crisis
The Prudential Control and Resolution Authority, Having regard to the Monetary and Financial Code, in particular Articles L. 612-2 and L.612-24; Having regard to Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012; Having regard to Regulation (EU) No 2015/534 of the European Central Bank of 17 March 2015 concerning the reporting of prudential financial information (ECB/2015/13); Having regard to Implementing Regulation (EU) No 2021/451 defining implementing technical standards regarding prudential information to be provided by institutions, in accordance with Regulation (EU) No 575/2013 of the European Parliament and of the Council; Having regard to the European Banking Authority (EBA) guidelines on data collection (reporting) and publications regarding exposures subject to measures applied in response to the COVID-19 crisis (EBA/GL/2020/07); Having regard to Instruction No. 2015-I-19 on the electronic signature of documents transmitted electronically to the ACPR, as amended by Instruction No. 2017-I-13 of June 26, 2017; Having regard to the opinion of the Prudential Affairs Advisory Commission of March 24, 2022, DECIDES
Article 1: The first and second paragraphs of point (b) of Article 2 of Instruction No. 2020-I-10 of July 15, 2020 on the reporting of prudential financial information related to exposures subject to measures applied in response to the COVID-19 crisis are deleted.
2
Article 2: This instruction shall enter into application the day following the date of its publication. Paris, April 11, 2022 The Designated President, Denis BEAU