Regulatory Alerts2008-01-10
Added · Updated
Instruction No. 2008-01 of January 10, 2008 Amending Instruction No. 2007-02 of March 26, 2007 on Capital Requirements for Credit Institutions and Investment Firms
The Banking Commission issued Instruction No. 2008-01 to amend the capital requirements framework for credit institutions and investment firms. The amendment exempts establishments belonging to groups supervised on a consolidated basis within the European Economic Area by another competent authority from submitting specific annexed statements, provided they supply equivalent data in a format approved by the Commission. This measure facilitates regulatory compliance by allowing alternative reporting methods that verify adherence to French capital adequacy standards.
More like this from ACPR
We email you every new ACPR publication the day it's published.
Topics
Share