Regulatory Alerts2022-07-08
Added · Updated
Instruction No. 2022-I-12 of July 8, 2022, repealing and amending Instruction No. 2016-I-16 regarding annual prudential documents for Solvency II entities under ACPR supervision
The ACPR requires Solvency II insurance and reinsurance undertakings and groups to submit specific annual prudential statements and reports within four, six, or eight months following the fiscal year-end, or within thirty days of general assembly approval. The instruction repeals several prior instructions from 2013 and 2014 and explicitly exempts captive reinsurance companies from submitting certain financial state fragments. It also establishes specific reporting obligations for mutuals with substitution agreements, mutual insurance companies, and entities managing supplementary pension plans or auxiliary accounting allocations.
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