FR ACPR Annual Report Instruction

On Dec. 11, FR ACPR issued instruction for banking, insurance sector.

  • FR ACPR issued Instruction 2023-I-21 relating to the transmission to FR ACPR of the annual report of approved professional associations (banking and insurance sector).
  • Document dated Dec. 11, 2023, received from FR ACPR Dec. 27, summarized Dec. 31.
  • Context
  • Having regard to Monetary and Financial Code, arts L. 519-11, L. 519-13, L. 612-2, L. 612-24 and R. 519-58; and to Insurance Code, arts L. 513-3, L. 513-5 and R.513-27.
  • And to the opinion of the Prudential Affairs Advisory Commission of Oct. 10, 2023.
  • And to the opinion of the Commercial Practices Advisory Commission of Oct. 19, 2023.
  • Instruction 2023-I-21
  • Instruction applicable to approved professional associations as per I of art. L. 519-11 of the Monetary and Financial Code and I of article L. 513-3 of the Code of insurance.
  • Professional associations submit to ACPR, no later than Jul. 31 of each year, the report mentioned in II of L. 519-13 of the Monetary and Financial Code, and II of Art. L. 513-5 of Insurance Code, established according to the model defined in the appendix.
  • The annual report must be communicated to ACPR in paper format and sent by post.
  • Effectiveness
  • The instruction comes into force the day after its publication.

Regulators FR ACPR
Entity Types Bank; Ins
Reference PR, Inst 2023-I-21, 12/11/2023
Functions Compliance; Financial; Reporting; Risk; Treasury
Countries France
Products Banking; Insurance
Regions EMEA
Rule Type Final
Rule Date 12/11/2023
Effective Date 7/31/2024
Rule Id 196371
Linked to N/A
Reg. Last Update 12/11/2023
Report Section EU

Last substantive update on 12/31/2023