Regulatory Alerts2026-07-10
Added · Updated
Instruction No. 2026-I-05 replacing Instruction No. 2016-I-02 defining exemption procedures for entities under Article 3 of Instruction No. 2016-I-01
The Prudential Control and Resolution Authority (ACPR) replaces Instruction No. 2016-I-02 with Instruction No. 2026-I-05, establishing the conditions for individual Solvency II entities to request exemption from quarterly quantitative reporting. Eligible entities must contribute no more than 5% to the group balance sheet, ensure exempted entities do not exceed 15% of the group balance, and submit covered information at least annually. The instruction mandates a single group-level application submitted electronically to the ACPR Secretary General and enters into force on January 30, 2027.
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