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- TITLE I > CHAPTER IV > SECTION 1 > SUBSECTION 1
Article number: 66
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 insurance or reinsurance undertaking has applied or a lower amount.
Metadata
RULEBOOK TOPIC: SUBSECTION 1 - Supervisory approval of ancillary own funds
RULEBOOK CATEGORY: DELEGATED REGULATION (EU) 2015/35
Last update on: 03 May 2021