The French Authority in charge of insurance supervision (Autorité de Contrôle Prudentiel et de Résolution - ACPR) committed to an active preparation of its market towards Solvency II entry into application.

The French Authority is supporting EIOPA’s initiative to set up preparatory measures regarding some aspects of the new Solvency II regime, those preparatory measures aiming to foster preparedness of both (re)insurance undertakings and supervisors in the field of reporting, governance, ORSA and internal model pre-application, during an interim period starting from 2014 to 2016.