2019-04-18
The Prudential Control and Resolution Authority (ACPR) issued Instruction No. 2019-I-15 to amend the submission requirements for insurance activities conducted via freedom of establishment or free provision of services within the European Economic Area. The directive specifically replaces Article 5 of Instruction No. 2017-I-20, mandating that the required dossier be submitted electronically via the ACPR's 'Autorisations' portal. This regulatory change entered into force on May 1, 2019.
Instruction No. 2019-I-15 amending Instruction No. 2017-I-20 of November 23, 2017 replacing Instruction No. 2015-I-16 regarding documents to be produced in the context of exercising an insurance activity via freedom of establishment or free provision of services in another EEA State
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 Instruction No. 2017-I-20 of November 23, 2017 regarding documents to be produced in the context of exercising an insurance activity via freedom of establishment or free provision of services in another EEA State; Having regard to the opinion of the Prudential Affairs Advisory Committee of April 3, 2019, DECIDES
Article 1: Article 5 of the aforementioned Instruction No. 2017-I-20 is replaced by the following provisions:
"This file must be sent in electronic format to the Prudential Control and Resolution Authority by depositing it on the Authorizations portal at the address: https://acpr-autorisations.banque-france.fr/."
Article 2: This Instruction shall enter into application on May 1, 2019.
Paris, April 18, 2019
For the Insurance Sectoral Sub-College The President, [Bernard DELAS]