2019-04-18

Instruction No. 2019-I-11 of April 18, 2019, 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 (SGAM), a group mutualist union (UMG), or a social protection insurance group company (SGAPS)

The Prudential Control and Resolution Authority (ACPR) issued Instruction No. 2019-I-11 to amend the procedural requirements for prior declarations concerning the affiliation, withdrawal, or exclusion of specific mutual and social protection insurance entities. The amendment modifies Article 2 of the original 2015 instruction to mandate that the required dossier be submitted exclusively in electronic format via the ACPR's 'Autorisations' portal. This regulatory change officially entered into application on May 1, 2019.

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PRUDENTIAL CONTROL AND RESOLUTION AUTHORITY

Instruction No. 2019-I-11 amending Instruction No. 2015-I-17 of June 30, 2015 regarding the composition of the prior declaration dossier for the affiliation, withdrawal, or exclusion of a mutual insurance group company (SGAM), a group mutualist union (UMG) or a social protection insurance group company (SGAPS) modified by Instruction No. 2018-I-15 of July 11, 2018

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. 2015-I-17 of June 30, 2015, regarding the composition of the prior declaration dossier for the affiliation, withdrawal, or exclusion of a mutual insurance group company (SGAM), a group mutualist union (UMG), or a social protection insurance group company (SGAPS), modified by Instruction No. 2018-I-15 of July 11, 2018; Having regard to the opinion of the Prudential Affairs Consultative Committee of April 3, 2019, DECIDES

Article 1: Article 2 of the aforementioned Instruction No. 2015-I-17 is replaced by the following provisions:

"This dossier must be sent in electronic format to the Prudential Control and Resolution Authority by submitting it to the Authorizations portal at the following 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 Sectoral Sub-Committee for Insurance The President, [Bernard DELAS]