Regulatory Alerts2023-07-07
ACPR Compliance with EBA and ESMA Guidelines on Common Procedures for the SREP of Investment Firms under Directive (EU) 2019/2034
The French Prudential Supervision and Resolution Authority (ACPR) has declared its compliance with EBA and ESMA guidelines regarding common procedures and methodologies for the Supervisory Review and Evaluation Process (SREP) of investment firms under Directive (EU) 2019/2034. These guidelines became applicable on June 19, 2023, requiring all investment firms under ACPR supervision to take all necessary measures to ensure adherence. This declaration fulfills the obligation under Article 16 of Regulation (EU) No 1093/2010 to comply with European Banking Authority guidelines.
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