The ACPR is responsible for the supervision of the banking and insurance sectors. It ensures the stability of the financial system and the protection of customers.
The ACPR issues licensing and authorisations of banks, financial institutions and insurers
The mission of the prudential supervision is to limit the impact of bank failures on financial stability, to protect depositors and to avoid the use of State aid.
The ACPR shall ensure the protection of customers policyholders, members and beneficiaries of entities subject to its supervision
The ACPR is responsible for investigating disciplinary proceedings and, where appropriate, imposing financial and / or disciplinary sanctions in case of irregularities
The objective of resolution is to minimise the impact of bank failures on financial stability, protect depositors and avoid the need for a state bail-out.
The ACPR communicates regularly on its activity through the publication of reference texts, thematic analyzes, studies and its review. Representatives of the ACPR are frequently involved in seminars and conferences.
Concerning the banking sector, the ACPR is a member of the main European and international bodies on banking and insurance, and therefore contributes actively to the definition of international standards and to the elaboration process of EU regulations. The ACPR contributes also to the definition and implementation of the European banking regulation. Since November 2014, the ACPR is a member of the Single Supervisory Mechanism (SSM) of the euro area runs also an active cooperation policy with its foreign peers.
All the procedures for the licensing, authorisation and registration of all types of insurers
Approval processes related to the insurance or reinsurance undertakings' administrative regime
Approval processes related to the insurance or reinsurance undertakings' governance
In the event of the failure of an insurance company, different guarantee funds may cover policyholders, underwriters, members and beneficiaries depending on the nature of the risks covered....
Approval processes related to insurance or reinsurance undertakings' own funds
Approval processes related to the calculation of insurance or reinsurance undertakings' technical provisions
Approval processes related to the solvency calculation of insurance or reinsurance undertakings
Approval processes related to supervisory reporting and transparency
Other approval processes for insurance or reinsurance undertakings