Regulatory Alerts2026-07-20
Added · Updated
Notice on the Implementation of New Proportionality Measures
The Prudential Supervision and Resolution Authority (ACPR) defines deterministic and expert-judgment criteria to grant or refuse proportionality measures under Solvency II, as amended by Directive (EU) 2025/02 and Delegated Regulation (EU) 2026/269. Entities are automatically denied measures if they exhibit ineffective governance, high complexity (e.g., exceeding thresholds for construction/liability insurance or reinsurance), or significant liquidity risks. Specifically, entities with technical provisions exceeding 12,000 EUR or gross premiums exceeding 2,000 EUR are not considered to have a sufficiently low risk profile, and non-SNC groups are ineligible if significant subsidiaries (defined as 40% of group premiums/provisions) are denied measures.