Instruction No. 2012-I-03 of June 28, 2012, amending the annex to Instruction No. 2011-I-06 regarding the coverage ratio of land credit companies and housing finance companies — ACPR — FR

PRUDENTIAL CONTROL AUTHORITY

Instruction No. 2012-I-03 amending the annex to Instruction No. 2011-I-06 regarding the coverage ratio of land credit companies and housing finance companies

The Prudential Control Authority,

Having regard to the Monetary and Financial Code, in particular Articles L. 515-13 to L. 515-39 as well as L. 612-24 and R. 515-2 to R. 515-17;

Having regard to Regulation No. 99-10 of the Banking and Financial Regulation Committee dated July 9, 1999, as amended, relating to land credit companies and housing finance companies;

Having regard to Instruction No. 2011-I-06 of June 15, 2011, regarding the coverage ratio of land credit companies and housing finance companies;

Having regard to the opinion of the Prudential Affairs Consultative Committee dated June 14, 2012,

Decides:

Article 1

The statement "Elements for calculating the coverage ratio and monitoring limits," presented in Annex 1 of Instruction No. 2011-I-06, is modified and replaced by that of the annex to this instruction.

Article 2

This instruction enters into force immediately.

Paris, June 28, 2012

The President of the Prudential Control Authority, [Christian NOYER]

Lineage: No known changes

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Amends

Instruction No. 2011-I-06 of June 15, 2011, on the coverage ratio of land credit companies and housing finance companies, as amended by Instruction No. 2014-I-16 of December 8, 2014 (consolidated version) (repealed)2011 · ACPR
“The statement "Elements for calculating the coverage ratio and monitoring limits," presented in Annex 1 of Instruction No. 2011-I-06, is modified and replaced by that of the annex to this instruction.”

Issued under

Regulation No. 99-10 of the Banking and Financial Regulation Committee dated July 9, 1999Not in RegAlert
“Having regard to Regulation No. 99-10 of the Banking and Financial Regulation Committee dated July 9, 1999, as amended, relating to land credit companies and housing finance companies;”

Lineage: No known changes

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