Regulatory Alerts2026-07-10
Added · Updated
Instruction No. 2026-I-13 replacing Instruction No. 2022-I-25 regarding nomination or renewal forms for effective managers or key function holders of insurance and supplementary professional pension schemes
The Prudential Control and Resolution Authority (ACPR) issues Instruction No. 2026-I-13 to replace previous instructions, mandating that Solvency II entities and supplementary pension schemes use specific electronic forms for nominating or renewing effective managers and key function holders. The document establishes distinct declaration categories based on whether the entity qualifies as a small and non-complex (SNC) enterprise or is applying for proportionality measures, requiring specific supporting approvals or documentation accordingly. These requirements apply to all affected insurance and pension organizations, with the instruction entering into force on January 30, 2027.
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