Regulatory Alerts2024-04-19
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Instruction No. 2024-I-05 of April 19, 2024, on the withdrawal of approval, authorization, or registration of financing companies, third-party financing companies, investment firms, payment institutions, account information service providers, electronic money institutions, or credit managers
The Prudential Control and Resolution Authority issued Instruction No. 2024-I-05 to establish the procedural requirements for the withdrawal of approval, authorization, or registration for specified financial entities. The instruction mandates that affected institutions, including financing companies and payment institutions, submit a complete application dossier using the designated electronic form via the ACPR portal. This directive supersedes the previous 2018 instruction and entered into force the day following its publication in the Authority's Official Register.
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