Instruction No. 2014-I-10 of 22 August 2014 on prudential requirements applicable to financing companies, as amended by Instructions No. 2015-I-23 and No. 2021-I-22

PRUDENTIAL CONTROL AND RESOLUTION AUTHORITY

Instruction No. 2014-I-10 of 22 August 2014 on prudential requirements applicable to financing companies, as amended by Instructions No. 2015-I-23 of 12 October 2015 and No. 2021-I-22 of 6 December 2021

The Prudential Control and Resolution Authority, Having regard to Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012, as well as the corrigenda published in the Official Journal of the European Union on 2 August 2013 and 30 November 2013; Having regard to Commission Implementing Regulation (EU) No 680/2014 of 16 April 2014 laying down technical standards for prudential reporting by institutions pursuant to Regulation (EU) No 575/2013 of the European Parliament and of the Council; Having regard to Regulation (EC) No 1606/2002 of the European Parliament and of the Council of 19 July 2002 on the application of international accounting standards; Having regard to the Monetary and Financial Code, in particular Articles L. 612-24, L. 613-8, L. 511-41, L. 611-1 and L. 612-2; Having regard to Ordinance No 2005-1516 of 8 December 2005 on electronic exchanges between users and administrative authorities and between administrative authorities; Having regard to the Order of 23 December 2013 on the prudential regime for financing companies, in particular Article 10; Having regard to the Regulation of the Banking and Financial Regulation Committee No 2000-03 of 6 September 2000, as amended, on prudential supervision on a consolidated basis; Having regard to the Regulation of the Accounting Standards Committee No 99-07 of 27 November 1999 on consolidation rules; Having regard to Regulation No 91-01 of 16 January 1991 on the preparation and publication of individual accounts of credit institutions; Having regard to Instruction No 2006-04, as amended by Instruction 2008-02, on the transmission to the Banking Commission by credit institutions, investment firms and financial companies of consolidated financial statements prepared in accordance with IAS/IFRS international accounting standards; Having regard to Instruction No 2009-01 of 19 June 2009, as amended by Instruction No 2009-07 of 30 November 2009, on the establishment of the unified financial reporting system; Having regard to Instruction No 2009-05 of 29 June 2009 on the standard approach to liquidity risk; Having regard to the decision of the Prudential Control and Resolution Authority of 12 November 2013 taken for the implementation of Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 mentioned above; Having regard to the opinion of the Prudential Affairs Consultative Commission dated 12 February 2014, Decides:

Article 1 The following are hereinafter referred to as "subject institutions":

1. Financing companies, within the meaning of Section II of Article L. 511-1 of the Monetary and Financial Code;
2. Parent companies of financing companies, within the meaning of Article L. 517-1 of the same Code.

Article 2 The subject institutions referred to in Article 1 of this Instruction shall transmit to the Prudential Control and Resolution Authority: a) The FINREP tables defined in Annexes III and V of Commission Implementing Regulation (EU) 2021/451 of 17 December 2020, in the formats and frequencies defined in Article 11 of that same regulation; b) The COREP tables defined in Annexes I and II of the aforementioned Commission Implementing Regulation (EU) No 2021/451, in the formats and frequencies defined in Articles 9 and 10 of that same regulation: • Eligible mutual guarantee funds as instruments of Common Equity Tier 1 capital referred to in Article 3 of the Order of 23 December 2013 on the prudential regime for financing companies are reported on line 529 of the CA1 statement. • Capital elements referred to in Articles 4 and 5 of the Order of 23 December 2013 on the prudential regime for financing companies are reported on line 978 of the CA1 statement. c) The CR IP Losses table defined in Annexes VI and VII of the aforementioned Commission Implementing Regulation (EU) No 2021/451, in the formats and frequencies defined in Article 13 of that same regulation. d) The Large Exposures tables defined in Annexes VIII and IX of the aforementioned Commission Implementing Regulation (EU) No 2021/451, in the formats and frequencies defined in Article 14(3) of that same Implementing Regulation concerning exposures with a risk-weighted amount greater than or equal to EUR 300 million but less than 10% of the institution's eligible capital, and in Article 14 of that same Implementing Regulation concerning large exposures. e) Tables relating to encumbrances on assets defined in Annex XVI of the aforementioned Commission Implementing Regulation (EU) No 2021/451, in the formats and frequencies defined in Article 19 of that same Implementing Regulation. The closing dates for the tables mentioned in paragraphs a, b, c, d and e are indicated in Article 2 of the aforementioned Commission Implementing Regulation (EU) No 2021/451 concerning prudential information to be provided by institutions. The deadlines for submitting the tables mentioned in paragraphs a, b, c, d and e are set at 45 working days. The entry and exit criteria applicable to the submission thresholds for the tables mentioned in paragraphs a, b, c, d and e are indicated in Article 4 of the aforementioned Commission Implementing Regulation (EU) No 2021/451. The IT solutions for data transmission between institutions and competent authorities defined in Article 21 of the aforementioned Commission Implementing Regulation (EU) No 2021/451 concerning prudential information to be provided by institutions apply to the tables mentioned in paragraphs a, b, c and d.

Article 3 The statements shall be transmitted in XML-XBRL format according to the technical specifications necessary for their processing by the Prudential Control and Resolution Authority. They shall bear an electronic signature. This Instruction shall enter into force upon its publication in the official register of the Prudential Control and Resolution Authority.

Paris, 22 August 2014 The President of the Prudential Control and Resolution Authority [Robert OPHÈLE]