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RSSSupervisory authorities shall take all of the following into account for the purposes of the assessment of the information on the outcome of past calls referred to in Article 90(4)(c) of Directive 2009/138/EC:(a) whether the insurance or reinsurance undertaking has made past calls from the same or...
1. The supervisory authorities shall not approve an unlimited amount of ancillary own funds.2. Where the supervisory authorities approve an amount of ancillary own funds, the decision of the supervisory authorities shall specify whether the amount that has been approved is the amount for which the...
Where the supervisory authorities approve a method to determine the amount of each ancillary own fund item, the supervisory authorities' decision shall set out all of the following:(a) the initial amount of the ancillary own funds item that has been calculated using that method at the date the...
1. Insurance and reinsurance undertakings shall fulfil all of the following requirements:(a) establish, implement and maintain effective cooperation, internal reporting and communication of information at all relevant levels of the undertaking;(b) establish, implement and maintain effective...
Any decision to refuse an authorisation shall state full reasons and shall be notified to the undertaking concerned. Each Member State shall make provision for a right to apply to the courts where an authorisation is refused. Such provision shall also be made with regard to cases where the...
Every authorisation or withdrawal of authorisation shall be notified to the European Supervisory Authority (European Insurance and Occupational Pensions Authority) (‘EIOPA’) established by Regulation (EU) No 1094/2010 of the European Parliament and of the Council ( 1 ). The name of each insurance...
Member States shall ensure that the supervisory authorities cooperate with EIOPA for the purposes of this Directive in accordance with Regulation (EU) No 1094/2010. Member States shall ensure that the supervisory authorities provide EIOPA, without delay, with all the information necessary to...
Articles 64 and 67 shall be without prejudice to the powers of investigation conferred on the European Parliament by Article 226 of the Treaty on the Functioning of the European Union (TFEU).
1. EIOPA shall lay down and publish for each relevant currency the following technical information at least on a quarterly basis: (a) a relevant risk-free interest rate term structure to calculate the best estimate referred to in Article 77(2), without any matching adjustment or volatility...
The text of the article can be found at the following URL: https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=CELEX:02009L0138-20…