DELEGATED REGULATION (EU) 2015/35

Table of content

You can export articles in PDF by checked the related tickbox.

• ✔ DELEGATED REGULATION (EU) 2015/35
  • ✔ TITLE I - VALUATION AND RISK-BASED CAPITAL REQUIREMENTS (PILLAR I), ENHANCED GOVERNANCE (PILLAR II) AND INCREASED TRANSPARENCY (PILLAR III)
    • ✔ CHAPTER I - General Provisions
      • ✔ SECTION 1 - Definitions and general principles
        • ✔ Article 1 - Definitions
        • ✔ Article 2 - Expert Judgement
      • ✔ SECTION 2 - External Credit assessments
        • ✔ Article 3 - Association of credit assessments to credit quality steps
        • ✔ Article 4 - General requirements on the use of credit assessments
        • ✔ Article 5 - Issuers and issue credit assessment
        • ✔ Article 6 - Double credit rating for securitisation positions
    • ✔ CHAPTER II - Valuation of assets and liabilities
      • ✔ Article 7 - Valuation assumptions
      • ✔ Article 8 - Scope
      • ✔ Article 9 - Valuation methodology — general principles
      • ✔ Article 10 - Valuation methodology — valuation hierarchy
      • ✔ Article 11 - Recognition of contingent liabilities
      • ✔ Article 12 - Valuation methods for goodwill and intangible assets
      • ✔ Article 13 - Valuation methods for related undertakings
      • ✔ Article 14 - Valuation methods for specific liabilities
      • ✔ Article 15 - Deferred taxes
      • ✔ Article 16 - Exclusion of valuation methods
    • ✔ CHAPTER III - Rules relating to Technical Provisions
      • ✔ SECTION 1 - Definitions and general principles
        • ✔ Article 17 - Recognition and derecognition of insurance and reinsurance obligations
        • ✔ Article 18 - Boundary of an insurance or reinsurance contract
      • ✔ SECTION 2 - Data Quality
        • ✔ Article 19 - Data used in the calculation of technical provisions
        • ✔ Article 20 - Limitations of data
        • ✔ Article 21 - Appropriate use of approximations to calculate the best estimate
      • ✔ SECTION 3 - Methodologies to calculate technical provisions
        • ✔ SUBSECTION 1 - Assumptions underlying the calculation of technical Provisions
          • ✔ Article 22 - General provisions
          • ✔ Article 23 - Future management actions
          • ✔ Article 24 - Future discretionary benefits
          • ✔ Article 25 - Separate calculation of the future discretionary benefits
          • ✔ Article 26 - Policyholder behaviour
        • ✔ SUBSECTION 2 - Information underlying the calculation of Best Estimates
          • ✔ Article 27 - Credibility of information
        • ✔ SUBSECTION 3 - Cah Flow projections for the calculation of the Best Estimate
          • ✔ Article 28 - Cash flows
          • ✔ Article 29 - Expected future developments in the external environment
          • ✔ Article 30 - Uncertainty of cash flows
          • ✔ Article 31 - Expenses
          • ✔ Article 32 - Contractual options and financial guarantees
          • ✔ Article 33 - Currency of the obligation
          • ✔ Article 34 - Calculation methods
          • ✔ Article 35 - Homogeneous risk groups of life insurance obligations
          • ✔ Article 36 - Non-life insurance obligations
        • ✔ SUBSECTION 4 - Risk Margin
          • ✔ Article 37 - Calculation of the risk margin
          • ✔ Article 38 - Reference undertaking
          • ✔ Article 39 - Cost-of-Capital rate
        • ✔ SUBSECTION 5 - Calculation of Technical Provisions as a whole
          • ✔ Article 40 - Circumstances in which technical provisions shall be calculated as a whole and the method to be used
        • ✔ SUBSECTION 6 - Recoverables from reinsurance contracts and Special Purpose Vehicles
          • ✔ Article 41 - General provisions
          • ✔ Article 42 - Counterparty default adjustment
      • ✔ SECTION 4 - Relevant Risk Free interest rate term structure
        • ✔ SUBSECTION 1 - General Provisions
          • ✔ Article 43 - General provisions
        • ✔ SUBSECTION 2 - Basic Risk Free interest rate term structure
          • ✔ Article 44 - Relevant financial instruments to derive the basic risk-free interest rates
          • ✔ Article 45 - Adjustment to swap rates for credit risk
          • ✔ Article 46 - Extrapolation
          • ✔ Article 47 - Ultimate forward rate
          • ✔ Article 48 - Basic risk-free interest rate term structure of currencies pegged to the euro
        • ✔ SUBSECTION 3 - Volatility Adjustment
          • ✔ Article 49 - Reference portfolios
          • ✔ Article 50 - Formula to calculate the spread underlying the volatility adjustment
          • ✔ Article 51 - Risk-corrected spread
        • ✔ SUBSECTION 4 - Matching Adjustment
          • ✔ Article 52 - Mortality risk stress
          • ✔ Article 53 - Calculation of the matching adjustment
          • ✔ Article 54 - Calculation of the fundamental spread
      • ✔ SECTION 5 - Lines of Business
        • ✔ Article 55 - Lines of business
      • ✔ SECTION 6 - Proportionality and simplifications
        • ✔ Article 56 - Proportionality
        • ✔ Article 57 - Simplified calculation of recoverables from reinsurance contracts and special purpose vehicles
        • ✔ Article 58 - Simplified calculation of the risk margin
        • ✔ Article 59 - Calculations of the risk margin during the financial year
        • ✔ Article 60 - Simplified calculation of the best estimate for insurance obligations with premium adjustment mechanism
        • ✔ Article 61 - Simplified calculation of the counterparty default adjustment
    • ✔ CHAPTER IV - Own Funds
      • ✔ SECTION 1 - Determination of Own Funds
        • ✔ SUBSECTION 1 - Supervisory approval of ancillary own funds
          • ✔ Article 62 - Assessment of the application
          • ✔ Article 63 - Assessment of the application — Status of the counterparties
          • ✔ Article 64 - Assessment of the application — Recoverability of the funds
          • ✔ Article 65 - Assessment of the application — Information on the outcome of past calls
          • ✔ Article 66 - Specification of amount relating to an unlimited amount of ancillary own funds
          • ✔ Article 67 - Specification of amount and timing relating to the approval of a method
        • ✔ SUBSECTION 2 - Own Funds treatment of participations
          • ✔ Article 68 - Treatment of participations in the determination of basic own funds
      • ✔ SECTION 2 - Classification of Own Funds
        • ✔ Article 69 - Tier 1 — List of own-fund items
        • ✔ Article 70 - Reconciliation Reserve
        • ✔ Article 71 - Tier 1 — Features determining classification
        • ✔ Article 72 - Tier 2 Basic own-funds — List of own-fund items
        • ✔ Article 73 - Tier 2 Basic own-funds — Features determining classification
        • ✔ Article 74 - Tier 2 Ancillary own-funds — List of own-fund items
        • ✔ Article 75 - Tier 2 Ancillary own-funds — Features determining classification
        • ✔ Article 76 - Tier 3 Basic own-funds– List of own-fund items
        • ✔ Article 77 - Tier 3 Basic own-funds– Features determining classification
        • ✔ Article 78 - Tier 3 Ancillary own-funds– List of own-funds items
        • ✔ Article 79 - Supervisory Authorities approval of the assessment and classification of own-fund items
      • ✔ SECTION 3 - Eligibility of Own Funds
        • ✔ SUBSECTION 1 - Ring-fenced funds
          • ✔ Article 80 - Ring-fenced funds requiring adjustments
          • ✔ Article 81 - Adjustment for ring-fenced funds and matching adjustment portfolios
        • ✔ SUBSECTION 2 - Quantitative limits
          • ✔ Article 82 - Eligibility and limits applicable to Tiers 1, 2 and 3
    • ✔ CHAPTER V - Solvency capital requirement standard formula
      • ✔ SECTION 1 - General Provisions
        • ✔ SUBSECTION 1 - Scenario based calculation
          • ✔ Article 83 - Scenario based calculations
        • ✔ SUBSECTION 2 - Look-through approach
          • ✔ Article 84 - Look-through approach
        • ✔ SUBSECTION 3 - Regional governaments and local authorities
          • ✔ Article 85 - Regional governments and local authorities
        • ✔ SUBSECTION 4 - Material basis risk
          • ✔ Article 86 - Material basis risk
        • ✔ SUBSECTION 5 - Calculation of the basic Solvency Capital Requirement
          • ✔ Article 87 - Calculation of the basic Solvency Capital Requirement
        • ✔ SUBSECTION 6 - Proportionality and simplifications
          • ✔ Article 88 - Proportionality
          • ✔ Article 89 - General provisions for simplifications for captives
          • ✔ Article 90 - Simplified calculation for captive insurance and reinsurance undertakings of the capital requirement for non-life premium and reserve risk
          • ✔ Article 91 - Simplified calculation of the capital requirement for life mortality risk
          • ✔ Article 92 - Simplified calculation of the capital requirement for life longevity risk
          • ✔ Article 93 - Simplified calculation of the capital requirement for life disability-morbidity risk
          • ✔ Article 94 - Simplified calculation of the capital requirement for life-expense risk
          • ✔ Article 95 - Simplified calculation of the capital requirement for permanent changes in lapse rates
          • ✔ Article 96 - Simplified calculation of the capital requirement for life-catastrophe risk
          • ✔ Article 97 - Simplified calculation of the capital requirement for health mortality risk
          • ✔ Article 98 - Simplified calculation of the capital requirement for health longevity risk
          • ✔ Article 99 - Simplified calculation of the capital requirement for medical expense disability-morbidity risk
          • ✔ Article 100 - Simplified calculation of the capital requirement for income protection disability-morbidity risk
          • ✔ Article 101 - Simplified calculation of the capital requirement for health expense risk
          • ✔ Article 102 - Simplified calculation of the capital requirement for SLT health lapse risk
          • ✔ Article 103 - Simplified calculation of the capital requirement for interest rate risk for captive insurance or reinsurance undertakings
          • ✔ Article 104 - Simplified calculation for spread risk on bonds and loans
          • ✔ Article 105 - Simplified calculation for captive insurance or reinsurance undertakings of the capital requirement for spread risk on bonds and loans
          • ✔ Article 106 - Simplified calculation of the capital requirement for market risk concentration for captive insurance or reinsurance undertakings
          • ✔ Article 107 - Simplified calculation of the risk mitigating effect for reinsurance arrangements or securitisation
          • ✔ Article 108 - Simplified calculation of the risk mitigating effect for proportional reinsurance arrangements
          • ✔ Article 109 - Simplified calculations for pooling arrangements
          • ✔ Article 110 - Simplified calculation — grouping of single name exposures
          • ✔ Article 111 - Simplified calculation of the risk mitigating effect
          • ✔ Article 112 - Simplified calculation of the risk adjusted value of collateral to take into account the economic effect of the collateral
        • ✔ SUBSECTION 7 - Scope of the underwriting risk modules
          • ✔ Article 113 - Scope of the underwriting risk modules
      • ✔ SECTION 2 - Non-life underwriting risk module
        • ✔ Article 114 - Non-life underwriting risk module
        • ✔ Article 115 - Non-life premium and reserve risk sub-module
        • ✔ Article 116 - Volume measure for non-life premium and reserve risk
        • ✔ Article 117 - Standard deviation for non-life premium and reserve risk
        • ✔ Article 118 - Non-life lapse risk sub-module
        • ✔ Article 119 - Non-life catastrophe risk sub-module
        • ✔ Article 120 - Natural catastrophe risk sub-module
        • ✔ Article 121 - Windstorm risk sub-module
        • ✔ Article 122 - Earthquake risk sub-module
        • ✔ Article 123 - Flood risk sub-module
        • ✔ Article 124 - Hail risk sub-module
        • ✔ Article 125 - Subsidence risk sub-module
        • ✔ Article 126 - Interpretation of catastrophe scenarios
        • ✔ Article 127 - Sub-module for catastrophe risk of non-proportional property reinsurance
        • ✔ Article 128 - Man-made catastrophe risk sub-module
        • ✔ Article 129 - Motor vehicle liability risk sub-module
        • ✔ Article 130 - Marine risk sub-module
        • ✔ Article 131 - Aviation risk sub-module
        • ✔ Article 132 - Fire risk sub-module
        • ✔ Article 133 - Liability risk sub-module
        • ✔ Article 134 - Credit and suretyship risk sub-module
        • ✔ Article 135 - Sub-module for other non-life catastrophe risk
      • ✔ SECTION 3 - Life underwriting risk module
        • ✔ Article 136 - Correlation coefficients
        • ✔ Article 137 - Mortality risk sub-module
        • ✔ Article 138 - Longevity risk sub-module
        • ✔ Article 139 - Disability-morbidity risk sub-module
        • ✔ Article 140 - Life-expense risk sub-module
        • ✔ Article 141 - Revision risk sub-module
        • ✔ Article 142 - Lapse risk sub-module
        • ✔ Article 143 - Life-catastrophe risk sub-module
      • ✔ SECTION 4 - Health underwriting risk module
        • ✔ Article 144 - Health underwriting risk module
        • ✔ Article 145 - NSLT health underwriting risk sub-module
        • ✔ Article 146 - NSLT health premium and reserve risk sub-module
        • ✔ Article 147 - Volume measure for NSLT health premium and reserve risk
        • ✔ Article 148 - Standard deviation for NSLT health premium and reserve risk
        • ✔ Article 149 - Health risk equalisation systems
        • ✔ Article 150 - NSLT health lapse risk sub-module
        • ✔ Article 151 - SLT health underwriting risk sub-module
        • ✔ Article 152 - Health mortality risk sub-module
        • ✔ Article 153 - Health longevity risk sub-module
        • ✔ Article 154 - Health disability-morbidity risk sub-module
        • ✔ Article 155 - Capital requirement for medical expense disability-morbidity risk
        • ✔ Article 156 - Capital requirement for medical expense disability-morbidity risk
        • ✔ Article 157 - Health expense risk sub-module
        • ✔ Article 158 - Health revision risk sub-module
        • ✔ Article 159 - SLT health lapse risk sub-module
        • ✔ Article 160 - Health catastrophe risk sub-module
        • ✔ Article 161 - Mass accident risk sub-module
        • ✔ Article 162 - Accident concentration risk sub-module
        • ✔ Article 163 - Pandemic risk sub-module
      • ✔ SECTION 5 - Market risk module
        • ✔ SUBSECTION 1 - Correlation coefficients
          • ✔ Article 164 - Correlation coefficients
        • ✔ SUBSECTION 1a - Qualifying infrastructure investments
        • ✔ SUBSECTION 2 - Interest rate risk sub-module
          • ✔ Article 165 - General provisions
          • ✔ Article 166 - Increase in the term structure of interest rates
          • ✔ Article 167 - Decrease in the term structure of interest rates
        • ✔ SUBSECTION 3 - Equity risk submodule
          • ✔ Article 168 - General provisions
          • ✔ Article 169 - Standard equity risk sub-module
          • ✔ Article 170 - Duration-based equity risk sub-module
          • ✔ Article 171 - Strategic equity investments
          • ✔ Article 172 - Symmetric adjustment of the equity capital charge
          • ✔ Article 173 - Criteria for the use of transitional measure for standard equity risk
        • ✔ SUBSECTION 4 - Property risk sub-module
          • ✔ Article 174 - Property risk sub-module
        • ✔ SUBSECTION 5 - Spread risk submodule
          • ✔ Article 175 - Scope of the spread risk sub-module
          • ✔ Article 176 - Spread risk on bonds and loans
          • ✔ Article 177 - Spread risk on securitisation positions: general provisions
          • ✔ Article 178 - Spread risk on securitisation positions: calculation of the capital requirement
          • ✔ Article 179 - Spread risk on credit derivatives
          • ✔ Article 180 - Specific exposures
          • ✔ Article 181 - Application of the spread risk scenarios to matching adjustment portfolios
        • ✔ SUBSECTION 6 - Market risk concentrations sub-module
          • ✔ Article 182 - Single name exposure
          • ✔ Article 183 - Calculation of the capital requirement for market risk concentration
          • ✔ Article 184 - Excess exposure
          • ✔ Article 185 - Relative excess exposure thresholds
          • ✔ Article 186 - Risk factor for market risk concentration
          • ✔ Article 187 - Specific exposures
        • ✔ SUBSECTION 7 - Currency risk sub-module
          • ✔ Article 188 - Currency risk sub-module
      • ✔ SECTION 6 - Counterparty Default risk module
        • ✔ SUBSECTION 1 - General Provisions
          • ✔ Article 189 - Scope
          • ✔ Article 190 - Single name exposures
          • ✔ Article 191 - Mortgage loans
          • ✔ Article 192 - Loss-given-default
          • ✔ Article 193 - Loss-given-default for pool exposures of type A
          • ✔ Article 194 - Loss-given-default for pool exposures of type B
          • ✔ Article 195 - Loss-given-default for pool exposures of type C
          • ✔ Article 196 - Risk-mitigating effect
          • ✔ Article 197 - Risk-adjusted value of collateral
          • ✔ Article 198 - Risk-adjusted value of mortgage
        • ✔ SUBSECTION 2 - Type 1 exposures
          • ✔ Article 199 - Probability of default
          • ✔ Article 200 - Type 1 exposures
          • ✔ Article 201 - Variance of the loss distribution of type 1 exposures
        • ✔ SUBSECTION 3 - Type 2 exposures
          • ✔ Article 202 - Type 2 exposures
      • ✔ SECTION 7 - Intangible assets module
        • ✔ Article 203 - Intangible asset module
      • ✔ SECTION 8 - Operational risk
        • ✔ Article 204 - Operational risk
      • ✔ SECTION 9 - Adjustment for the loss absorbing capacity of Technical Provisionsand deferred taxes
        • ✔ Article 205 - General provisions
        • ✔ Article 206 - Adjustment for the loss-absorbing capacity of technical provisions
        • ✔ Article 207 - Adjustment for the loss-absorbing capacity of deferred taxes
      • ✔ SECTION 10 - Risk mitigation techniques
        • ✔ Article 208 - Methods and Assumptions
        • ✔ Article 209 - Qualitative Criteria
        • ✔ Article 210 - Effective Transfer of Risk
        • ✔ Article 211 - Risk-Mitigation techniques using reinsurance contracts or special purpose vehicles
        • ✔ Article 212 - Financial Risk-Mitigation techniques
        • ✔ Article 213 - Status of the counterparties
        • ✔ Article 214 - Collateral Arrangements
        • ✔ Article 215 - Guarantees
      • ✔ SECTION 11 - Ring fenced funds
        • ✔ Article 216 - Calculation of the Solvency Capital Requirement in the case of ring-fenced funds and matching adjustment portfolios
        • ✔ Article 217 - Solvency Capital Requirement calculation method for ring-fenced funds and matching adjustment portfolios
      • ✔ SECTION 12 - Undertaking-specifica parameters
        • ✔ Article 218 - Subset of standard parameters that may be replaced by undertaking-specific parameters
        • ✔ Article 219 - Data criteria
        • ✔ Article 220 - Standardised methods to calculate the undertaking-specific parameters
      • ✔ SECTION 13 - Procedure for updating correlation parameters
        • ✔ Article 221 - Procedure for updating correlation parameters
    • ✔ CHAPTER 6 - Solvency Capital Requirements - full and partial internal Models
      • ✔ SECTION 1 - Definitions
        • ✔ Article 222 - Materiality
      • ✔ SECTION 2 - Use test
        • ✔ Article 223 - Use of the internal model
        • ✔ Article 224 - Fit to the business
        • ✔ Article 225 - Understanding of the internal model
        • ✔ Article 226 - Support of decision-making and integration with risk management
        • ✔ Article 227 - Simplified calculation
      • ✔ SECTION 3 - Statistical quality standards
        • ✔ Article 228 - Probability distribution forecast
        • ✔ Article 229 - Adequate, applicable and relevant actuarial techniques
        • ✔ Article 230 - Information and assumptions used for the calculation of the probability distribution forecast
        • ✔ Article 231 - Data used in the internal model
        • ✔ Article 232 - Ability to rank risk
        • ✔ Article 233 - Coverage of all material risks
        • ✔ Article 234 - Diversification effects
        • ✔ Article 235 - Risk-mitigation techniques
        • ✔ Article 236 - Future management actions
        • ✔ Article 237 - Understanding of external models and data
      • ✔ SECTION 4 - Calibration standards
        • ✔ Article 238 - Calibration standards
      • ✔ SECTION 5 - Integration of Partial Internal Models
        • ✔ Article 239 - Integration of partial internal models
      • ✔ SECTION 6 - Validation standards
        • ✔ Article 240 - Profit and loss attribution
      • ✔ SECTION 7 - Validation Standards
        • ✔ Article 241 - Model validation process
        • ✔ Article 242 - Validation tools
      • ✔ SECTION 8 - Documentation standards
        • ✔ Article 243 - General provisions
        • ✔ Article 244 - Minimum content of the documentation
        • ✔ Article 245 - Circumstances under which the internal model does not work effectively
        • ✔ Article 246 - Changes to the internal model
      • ✔ SECTION 9 - Externalmodels and data
        • ✔ Article 247 - External models and data
    • ✔ CHAPTER 7 - Minimum Capital Requirement
      • ✔ Article 248 - Minimum Capital Requirement
      • ✔ Article 249 - Linear Minimum Capital Requirement
      • ✔ Article 250 - Linear formula component for non-life insurance and reinsurance obligations
      • ✔ Article 251 - Linear formula component for life insurance and reinsurance obligations
      • ✔ Article 252 - Minimum Capital Requirement: composite insurance undertakings
      • ✔ Article 253 - Absolute floor of the Minimum Capital Requirement
    • ✔ CHAPTER 8 - Investments in securitisation positions
      • ✔ Article 254 - Risk retention requirements relating to the originators, sponsors or original lenders
      • ✔ Article 255 - Exemptions to risk retention requirements
      • ✔ Article 256 - Qualitative requirements relating to insurance and reinsurance undertakings
      • ✔ Article 257 - Requirements for investments in securitisation that no longer comply with the risk-retention and qualitative requirements
    • ✔ CHAPTER 9 - System of governance
      • ✔ SECTION 1 - Elements of the system of governance
        • ✔ Article 258 - General governance requirements
        • ✔ Article 259 - Risk Management System
        • ✔ Article 260 - Risk management areas
        • ✔ Article 261 - Risk management in undertakings providing loans and/or mortgage insurance or reinsurance
        • ✔ Article 262 - Overall solvency needs
        • ✔ Article 263 - Alternative methods for valuation
        • ✔ Article 264 - Valuation of technical provisions — validation
        • ✔ Article 265 - Valuation of technical provisions — documentation
        • ✔ Article 266 - Internal control system
        • ✔ Article 267 - Internal control of valuation of assets and liabilities
      • ✔ SECTION 2 - Functions
        • ✔ Article 268 - Specific provisions
        • ✔ Article 269 - Risk management function
        • ✔ Article 270 - Compliance function
        • ✔ Article 271 - Internal audit function
        • ✔ Article 272 - Actuarial function
      • ✔ SECTION 3 - Fit and Proper requirements
        • ✔ Article 273 - Fit and proper requirements
      • ✔ SECTION 4 - Outsourcing
        • ✔ Article 274 - Outsourcing
      • ✔ SECTION 5 - Remuneration policy
        • ✔ Article 275 - Remuneration policy
    • ✔ CHAPTER 10 - Capital add-on
      • ✔ SECTION 1 - Circumstances for imposing a capital add-on
        • ✔ Article 276 - Assessment of a significant deviation as regards the SCR
        • ✔ Article 277 - Assessment of a significant deviation as regards the governance
        • ✔ Article 278 - Assessment of a significant deviation as regards adjustments to the relevant risk-free rate and transitional measures
        • ✔ Article 279 - Add-ons in relation to deviations from Solvency Capital Requirement assumptions
        • ✔ Article 280 - Assessment of the requirement to use an internal model
        • ✔ Article 281 - Appropriate timeframe for adapting the internal model
      • ✔ SECTION 2 - Methodologies for calculating capital add-on
        • ✔ Article 282 - Calculation of add-ons in relation to deviations from SCR assumptions
        • ✔ Article 283 - Scope and approach of modifications as regards a deviation from SCR assumptions
        • ✔ Article 284 - Calculation of add-ons in relation to adjustments to the relevant risk-free rate or transitional measures
        • ✔ Article 285 - Scope and approach of modifications as regards adjustments to the relevant risk-free rate and transitional measures
        • ✔ Article 286 - Calculation of add-ons in relation to deviations from governance standards
        • ✔ Article 287 - Apportionment of add-ons for undertakings which simultaneously pursue life and non-life insurance activities
    • ✔ CHAPTER 11 - Extension of the recovery period
      • ✔ Article 288 - Assessment of exceptional adverse situations
      • ✔ Article 289 - Factors and criteria to determine the extension of the recovery period
    • ✔ CHAPTER 12 - Public Disclosure
      • ✔ SECTION 1 - Solvency and Financial Condition Report: structure and contents
        • ✔ Article 290 - Structure
        • ✔ Article 291 - Materiality
        • ✔ Article 292 - Summary
        • ✔ Article 293 - Business and performance
        • ✔ Article 294 - System of governance
        • ✔ Article 295 - Risk profile
        • ✔ Article 296 - Valuation for solvency purposes
        • ✔ Article 297 - Capital management
        • ✔ Article 298 - Additional voluntary information
      • ✔ SECTION 2 - Solvency and Financial Condition Report: non-disclosure of information
        • ✔ Article 299 - Solvency and financial condition report: non-disclosure of information
      • ✔ SECTION 3 - Solvency and Financial Condition Report: deadlines, means of disclosure and updates
        • ✔ Article 300 - Deadlines
        • ✔ Article 301 - Means of disclosure
        • ✔ Article 302 - Updates
        • ✔ Article 303 - Transitional arrangements on comparative information
    • ✔ CHAPTER 13 - Regular Supervisory Reporting
      • ✔ SECTION 1 - Elements and contents
        • ✔ Article 304 - Elements of the regular supervisory reporting
        • ✔ Article 305 - Materiality
        • ✔ Article 306 - Own-risk and solvency assessment supervisory report
        • ✔ Article 307 - Business and performance
        • ✔ Article 308 - System of governance
        • ✔ Article 309 - Risk profile
        • ✔ Article 310 - Valuation for solvency purposes
        • ✔ Article 311 - Capital management
      • ✔ SECTION 2 - Deadlines and means of communication
        • ✔ Article 312 - Deadlines
        • ✔ Article 313 - Means of communication
        • ✔ Article 314 - Transitional information requirements
    • ✔ CHAPTER 14 - Transparency and accountability of supervisory authorities
      • ✔ Article 315 - Confidential information
      • ✔ Article 316 - Aggregate statistical data
      • ✔ Article 317 - Means of disclosure
    • ✔ CHAPTER 15 - Special Purpose Vehicles
      • ✔ SECTION 1 - Authorization
        • ✔ Article 318 - Authorization
      • ✔ SECTION 2 - Mandatory contract conditions
        • ✔ Article 319 - Fully Funded
        • ✔ Article 320 - Effective transfer of risk
        • ✔ Article 321 - Rights of the providers of debt or financing mechanisms
      • ✔ SECTION 3 - System of governance
        • ✔ Article 322 - Fit and proper requirements of persons who effectively run a special purpose vehicle
        • ✔ Article 323 - Fit and proper requirements for shareholders or members with a qualifying holding
        • ✔ Article 324 - Sound administrative and accounting procedures, adequate internal control mechanisms and risk-management requirements
      • ✔ SECTION 4 - Supervisory reporting
        • ✔ Article 325 - Supervisory reporting
      • ✔ SECTION 5 - Solvency requirements
        • ✔ Article 326 - Solvency requirements
        • ✔ Article 327 - Solvency requirements on investments
  • ✔ TITLE II - INSURANCE GROUPS
    • ✔ CHAPTER 1 - Solvency calculation at group level
      • ✔ SECTION 1 - Group solvency: choice of calculation method and general principles
        • ✔ Article 328 - Choice of method
        • ✔ Article 329 - Treatment of specific related undertakings
        • ✔ Article 330 - Availability at group level of the eligible own funds of related undertakings
      • ✔ SECTION 2 - Group solvency: calculation methods
        • ✔ Article 331 - Classification of own-fund items of related insurance and reinsurance undertakings at group level
        • ✔ Article 332 - Classification of own-fund items of related third-country insurance or reinsurance undertakings at group level
        • ✔ Article 333 - Classification of own-fund items of insurance holding companies, mixed financial holding companies, and subsidiary ancillary services undertakings at group level
        • ✔ Article 334 - Classification of own-fund items of residual related undertakings
        • ✔ Article 335 - Method 1: determination of consolidated data
        • ✔ Article 336 - Method 1: Calculation of the consolidated group Solvency Capital Requirement
        • ✔ Article 337 - Method 1: determination of the local currency for the purposes of the currency risk calculation
        • ✔ Article 338 - Method 1: group-specific parameters
        • ✔ Article 339 - Method 1: best estimate
        • ✔ Article 340 - Method 1: Risk margin
        • ✔ Article 341 - Combination of methods 1 and 2: minimum consolidated group Solvency Capital Requirement
        • ✔ Article 342 - Method 2: Elimination of intra-group creation of capital in relation to the best estimate
    • ✔ CHAPTER 2 - Internal Models for the calculation of the consolidated group Solvency Capital Requirement
      • ✔ SECTION 1 - Full and partial Internal Models used to calculate only the group Solvency Capital Requirement
        • ✔ Article 343 - Application for the use of an internal model to calculate only the consolidated group Solvency Capital Requirement
        • ✔ Article 344 - Assessment of the application for the use of an internal model to calculate only the consolidated group Solvency Capital Requirement
        • ✔ Article 345 - Decision on the application and transitional plan to extend the scope of a partial internal model used to calculate only the consolidated group Solvency Capital Requirement
        • ✔ Article 346 - Use test for internal models used to calculate only the consolidated group Solvency Capital Requirement
      • ✔ SECTION 2 - Use of a group Internal Model
        • ✔ Article 347 - Application to use a group internal model
        • ✔ Article 348 - Assessment of the completeness of an application to use a group internal model
        • ✔ Article 349 - Joint decision on the application and transitional plan to extend the scope of the model
        • ✔ Article 350 - Use test for group internal models
    • ✔ CHAPTER 3 - Supervision of group solvency for groups with centralised risk management
      • ✔ Article 351 - Assessment of conditions: criteria
      • ✔ Article 352 - Assessment of conditions: procedures
      • ✔ Article 353 - Assessment of an emergency situation: criteria
    • ✔ CHAPTER 4 - Coordination of group supervision
      • ✔ SECTION 1 - Colleges of supervisors
        • ✔ Article 354 - Participation of supervisors of significant branches and related undertakings
        • ✔ Article 355 - Coordination arrangements
        • ✔ Article 356 - Supervisory approval of group-specific parameters
      • ✔ SECTION 2 - Exchange of information
        • ✔ Article 357 - Information to be exchanged on a systematic basis
      • ✔ SECTION 3 - National or regional sub-group supervision
        • ✔ Article 358 - National or regional subgroup supervision
    • ✔ CHAPTER 5 - Public Disclosure
      • ✔ SECTION 1 - Group Solvency and Financial Condition Report
        • ✔ Article 359 - Structure and contents
        • ✔ Article 360 - Languages
        • ✔ Article 361 - Non-disclosure of information
        • ✔ Article 362 - Dealines
        • ✔ Article 363 - Updates
        • ✔ Article 364 - Transitional arrangements on comparative information
      • ✔ SECTION 2 - Single Solvency and Financial Condition Report
        • ✔ Article 365 - Structure and contents
        • ✔ Article 366 - Languages
        • ✔ Article 367 - Non-disclosure of information
        • ✔ Article 368 - Deadlines
        • ✔ Article 369 - Updates
        • ✔ Article 370 - Reference
        • ✔ Article 371 - Transitional arrangements on comparative information
    • ✔ CHAPTER 6 - Group supervisory reporting
      • ✔ SECTION 1 - Regular reporting
        • ✔ Article 372 - Elements and contents
        • ✔ Article 373 - Deadlines
        • ✔ Article 374 - Languages
        • ✔ Article 375 - Additional transitional information on groups
      • ✔ SECTION 2 - Reporting on risk concentrations and intragroup transactions
        • ✔ Article 376 - Significant risk concentrations (definition, identification and thresholds)
        • ✔ Article 377 - Significant intragroup transactions (definition, identification)
  • ✔ TITLE III - THIRD COUNTRY BRANCHES EQUIVALENCE AND FINAL PROVISIONS
    • ✔ CHAPTER 1 - Undertakings carrying out reinsurance ativities with their head office in a third country
      • ✔ Article 378 - Criteria for assessing third country equivalence
    • ✔ CHAPTER 2 - Related third country insurance and reinsurance undertakings
      • ✔ Article 379 - Criteria for assessing third country equivalence
    • ✔ CHAPTER 3 - Insurance and reinsurance undertakings with the parent undertakings outside the union
      • ✔ Article 380 - Criteria for assessing third country equivalence
    • ✔ CHAPTER 4 - Final provisions
      • ✔ Article 381 - Final Provisions