Supervisory authorities which receive confidential information under Articles 64 or 65 may use it only in the course of their duties and for the following purposes:(1) to check that the conditions governing the taking-up of the business of insurance or reinsurance are met and to facilitate the...

1. Articles 64 and 67 shall not preclude any of the following:(a) the exchange of information between several supervisory authorities in the same Member State in the discharge of their supervisory functions;(b) the exchange of information, in the discharge of their supervisory functions, between...

Articles 64 and 67 shall not preclude Member States from authorising, under provisions laid down by law, the disclosure of certain information to other departments of their central government administrations responsible for legislation on the supervision of credit institutions, financial...

1. Without prejudice to Articles 64 to 69, a supervisory authority may transmit information intended for the performance of their tasks to the following:(a) central banks of the European System of Central Banks (ESCB), including the European Central Bank (ECB) and other bodies with a similar...

1. Member States shall ensure that the mandates of supervisory authorities take into account, in an appropriate way, a European Union dimension.2. Member States shall ensure that in the exercise of their duties supervisory authorities have regard to the convergence in respect of supervisory tools...

1. Member States shall provide at least that persons authorised within the meaning of Eighth Council Directive 84/253/EEC of 10 April 1984 based on Article 54(3)(g) of the Treaty on the approval of persons responsible for carrying out the statutory audits of accounting documents ( 11 ), who...

1. Insurance undertakings shall not be authorised to pursue life and non-life insurance activities simultaneously.2. By way of derogation from paragraph 1, Member States may provide that:(a) undertakings authorised to pursue life insurance activity may obtain authorisation for non-life insurance...

1. The separate management referred to in Article 73 shall be organised in such a way that the life insurance activity is distinct from non-life insurance activity.The respective interests of life and non-life policy holders shall not be prejudiced and, in particular, profits from life insurance...

1. Member States shall ensure that, unless otherwise stated, insurance and reinsurance undertakings value assets and liabilities as follows:(a) assets shall be valued at the amount for which they could be exchanged between knowledgeable willing parties in an arm’s length transaction;(b)...