S.I. 2012/1759.

1972 c.68; section 2(2) was amended by section 27 of the Legislative and Regulatory Reform Act 2006 (c. 51) and by section 3 of, and the Schedule to, the European Union (Amendment) Act 2008 (c. 7). By virtue of the amendment of section 1(2) made by section 1 of the European Economic Act 1993 (c. 51) regulations may be made under section 2(2) to implement obligations of the United Kingdom created by or arising under the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 (Cm 2073, OJ No L1, 3.11.1994, p.3) and the Protocol adjusting that Agreement signed at Brussels on 17th March 1993 (Cm 2183, OJ No L1, 3.1.1994, p.572).

http://www.legislation.gov.uk/uksi/2015/575/introduction/2020-12-31The Solvency 2 Regulations 2015texttext/xmlenStatute Law DatabaseFINANCIAL SERVICES AND MARKETS2024-07-11Expert Participation2020-12-31The Regulations implement in part Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of insurance and reinsurance (Solvency II) (OJ L335, 17.12.2009, p.1) (the “Solvency 2 Directive”). The remainder of the Solvency 2 Directive is implemented by the Financial Services and Markets Act 2000 (c. 8) (“FSMA”), rules and individually binding requirement imposed by the Prudential Regulation Authority (“PRA”) and the Financial Conduct Authority (“FCA”) under FSMA and a directly applicable regulation made by the European Commission.

2015 No. 575

Financial Services And Markets

The Solvency 2 Regulations 2015

Made6th March 2015

Laid before Parliament9th March 2015

Coming into force in accordance with regulation 1

The Treasury are a government department designated for the purposes of section 2(2) of the European Communities Act 1972 in relation to financial services.

The Treasury, in exercise of the powers conferred upon them by section 2(2) of the European Communities Act 1972, make the following Regulations:

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<ref href="http://www.legislation.gov.uk/id/uksi/2015/575/section/2/2">section 2(2)</ref>
was amended by section 27 of the
<ref href="http://www.legislation.gov.uk/id/ukpga/2006/51">Legislative and Regulatory Reform Act 2006 (c. 51)</ref>
and by section 3 of, and the Schedule to, the
<ref href="http://www.legislation.gov.uk/id/ukpga/2008/7">European Union (Amendment) Act 2008 (c. 7)</ref>
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regulations may be made under section 2(2) to implement obligations of the United Kingdom created by or arising under the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 (Cm 2073, OJ No L1, 3.11.1994, p.3) and the Protocol adjusting that Agreement signed at Brussels on 17th March 1993 (Cm 2183, OJ No L1, 3.1.1994, p.572).
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<ukm:UnappliedEffect EffectId="key-c544c7e99a2ae82b63a6c87344385496" AffectingNumber="407" Row="62" Modified="2021-03-09T12:08:05Z" AffectedURI="http://www.legislation.gov.uk/id/uksi/2015/575" AffectingYear="2019" Type="words omitted" Comments="IP completion day" AffectingProvisions="reg. 9(7)(a)" AffectedNumber="575" AffectingURI="http://www.legislation.gov.uk/id/uksi/2019/407" URI="http://www.legislation.gov.uk/id/effect/key-c544c7e99a2ae82b63a6c87344385496" Notes="This amendment not applied to legislation.gov.uk. Reg. 9(7) substituted immediately before IP completion day by S.I. 2019/680, reg. 10(4)(g)" RequiresApplied="false" AffectingEffectsExtent="E+W+S+N.I." AffectedYear="2015" AffectedProvisions="reg. 16(1)" AppendedCommentary="(as amended by S.I. 2020/1385, regs. 1(2), 54(2))" AffectingClass="UnitedKingdomStatutoryInstrument" AffectedClass="UnitedKingdomStatutoryInstrument">
<ukm:AffectedTitle>The Solvency 2 Regulations 2015</ukm:AffectedTitle>
<ukm:AffectedProvisions>
<ukm:Section Ref="regulation-16-1" URI="http://www.legislation.gov.uk/id/uksi/2015/575/regulation/16/1">reg. 16(1)</ukm:Section>
</ukm:AffectedProvisions>
<ukm:AffectingTitle>The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="regulation-9-7-a" URI="http://www.legislation.gov.uk/id/uksi/2019/407/regulation/9/7/a">reg. 9(7)(a)</ukm:Section>
</ukm:AffectingProvisions>
<ukm:CommencementAuthority>
<ukm:Section Ref="regulation-1-2" URI="http://www.legislation.gov.uk/id/uksi/2019/407/regulation/1/2">reg. 1(2)</ukm:Section>
</ukm:CommencementAuthority>
<ukm:InForceDates>
<ukm:InForce Date="2020-12-31" Qualification="wholly in force"/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
<ukm:UnappliedEffect EffectId="key-40da23652656ad9e5173c5c9d7cf2dad" URI="http://www.legislation.gov.uk/id/effect/key-40da23652656ad9e5173c5c9d7cf2dad" AffectingYear="2019" AffectedNumber="575" AffectedClass="UnitedKingdomStatutoryInstrument" AffectedYear="2015" AffectingEffectsExtent="E+W+S+N.I." AppendedCommentary="(as amended by S.I. 2020/1385, regs. 1(2), 54(2))" AffectingProvisions="reg. 9(7)(b)" AffectingClass="UnitedKingdomStatutoryInstrument" RequiresApplied="false" AffectedProvisions="reg. 16(2)" AffectedURI="http://www.legislation.gov.uk/id/uksi/2015/575" Comments="IP completion day" Type="omitted" Modified="2021-03-09T12:08:05Z" AffectingURI="http://www.legislation.gov.uk/id/uksi/2019/407" AffectingNumber="407" Row="63" Notes="This amendment not applied to legislation.gov.uk. Reg. 9(7) substituted immediately before IP completion day by S.I. 2019/680, reg. 10(4)(g)">
<ukm:AffectedTitle>The Solvency 2 Regulations 2015</ukm:AffectedTitle>
<ukm:AffectedProvisions>
<ukm:Section Ref="regulation-16-2" URI="http://www.legislation.gov.uk/id/uksi/2015/575/regulation/16/2">reg. 16(2)</ukm:Section>
</ukm:AffectedProvisions>
<ukm:AffectingTitle>The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="regulation-9-7-b" URI="http://www.legislation.gov.uk/id/uksi/2019/407/regulation/9/7/b">reg. 9(7)(b)</ukm:Section>
</ukm:AffectingProvisions>
<ukm:CommencementAuthority>
<ukm:Section Ref="regulation-1-2" URI="http://www.legislation.gov.uk/id/uksi/2019/407/regulation/1/2">reg. 1(2)</ukm:Section>
</ukm:CommencementAuthority>
<ukm:InForceDates>
<ukm:InForce Date="2020-12-31" Qualification="wholly in force"/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
<ukm:UnappliedEffect EffectId="key-d203e7ead8ceff16a2cc3ee7c6d7b143" Notes="This amendment not applied to legislation.gov.uk. Reg. 9(9) substituted immediately before IP completion day by S.I. 2019/680, reg. 10(4)(i)" AffectedNumber="575" AffectingClass="UnitedKingdomStatutoryInstrument" AffectedURI="http://www.legislation.gov.uk/id/uksi/2015/575" RequiresApplied="false" AffectingURI="http://www.legislation.gov.uk/id/uksi/2019/407" AffectingEffectsExtent="E+W+S+N.I." Comments="IP completion day" AffectedProvisions="reg. 18" AffectingYear="2019" Type="omitted" Modified="2021-03-09T12:08:05Z" AppendedCommentary="(as amended by S.I. 2020/1385, regs. 1(2), 54(2))" AffectedYear="2015" URI="http://www.legislation.gov.uk/id/effect/key-d203e7ead8ceff16a2cc3ee7c6d7b143" Row="68" AffectingNumber="407" AffectingProvisions="reg. 9(9)" AffectedClass="UnitedKingdomStatutoryInstrument">
<ukm:AffectedTitle>The Solvency 2 Regulations 2015</ukm:AffectedTitle>
<ukm:AffectedProvisions>
<ukm:Section Ref="regulation-18" URI="http://www.legislation.gov.uk/id/uksi/2015/575/regulation/18">reg. 18</ukm:Section>
</ukm:AffectedProvisions>
<ukm:AffectingTitle>The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="regulation-9-9" URI="http://www.legislation.gov.uk/id/uksi/2019/407/regulation/9/9">reg. 9(9)</ukm:Section>
</ukm:AffectingProvisions>
<ukm:CommencementAuthority>
<ukm:Section Ref="regulation-1-2" URI="http://www.legislation.gov.uk/id/uksi/2019/407/regulation/1/2">reg. 1(2)</ukm:Section>
</ukm:CommencementAuthority>
<ukm:InForceDates>
<ukm:InForce Date="2020-12-31" Qualification="wholly in force"/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
<ukm:UnappliedEffect AffectingNumber="407" RequiresApplied="false" AffectingEffectsExtent="E+W+S+N.I." Notes="This amendment not applied to legislation.gov.uk. Reg. 9(10)(a) substituted immediately before IP completion day by S.I. 2019/680, reg. 10(4)(j)(i)" AffectedNumber="575" Row="69" Comments="IP completion day" AffectingProvisions="reg. 9(10)(a)" AffectingURI="http://www.legislation.gov.uk/id/uksi/2019/407" AffectedProvisions="reg. 19(1)(b)" AffectedYear="2015" AffectingYear="2019" AffectingClass="UnitedKingdomStatutoryInstrument" Type="words substituted" Modified="2021-03-09T12:08:05Z" AffectedClass="UnitedKingdomStatutoryInstrument" AffectedURI="http://www.legislation.gov.uk/id/uksi/2015/575" URI="http://www.legislation.gov.uk/id/effect/key-f9206d66fe5178063f508aca50d9cbdd" AppendedCommentary="(as amended by S.I. 2020/1385, regs. 1(2), 54(2))" EffectId="key-f9206d66fe5178063f508aca50d9cbdd">
<ukm:AffectedTitle>The Solvency 2 Regulations 2015</ukm:AffectedTitle>
<ukm:AffectedProvisions>
<ukm:Section Ref="regulation-19-1-b" URI="http://www.legislation.gov.uk/id/uksi/2015/575/regulation/19/1/b">reg. 19(1)(b)</ukm:Section>
</ukm:AffectedProvisions>
<ukm:AffectingTitle>The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="regulation-9-10-a" URI="http://www.legislation.gov.uk/id/uksi/2019/407/regulation/9/10/a">reg. 9(10)(a)</ukm:Section>
</ukm:AffectingProvisions>
<ukm:CommencementAuthority>
<ukm:Section Ref="regulation-1-2" URI="http://www.legislation.gov.uk/id/uksi/2019/407/regulation/1/2">reg. 1(2)</ukm:Section>
</ukm:CommencementAuthority>
<ukm:InForceDates>
<ukm:InForce Date="2020-12-31" Qualification="wholly in force"/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
<ukm:UnappliedEffect EffectId="key-be517950cf5ba758de8cfe62a6b63dda" URI="http://www.legislation.gov.uk/id/effect/key-be517950cf5ba758de8cfe62a6b63dda" RequiresApplied="false" AffectingURI="http://www.legislation.gov.uk/id/uksi/2019/407" Row="78" Comments="IP completion day" AppendedCommentary="(as amended by S.I. 2020/1385, regs. 1(2), 54(2))" AffectedNumber="575" AffectingProvisions="reg. 9(11)(a)(ii)(aa)" AffectedURI="http://www.legislation.gov.uk/id/uksi/2015/575" Type="word substituted" AffectedYear="2015" AffectingClass="UnitedKingdomStatutoryInstrument" AffectedClass="UnitedKingdomStatutoryInstrument" AffectingYear="2019" AffectingEffectsExtent="E+W+S+N.I." AffectedProvisions="reg. 20(1)(b)" Modified="2021-03-09T12:08:05Z" Notes="This amendment not applied to legislation.gov.uk. Reg. 9(11)(a)(ii)(aa) substituted immediately before IP completion day by S.I. 2019/680, reg. 10(4)(l)(i)" AffectingNumber="407">
<ukm:AffectedTitle>The Solvency 2 Regulations 2015</ukm:AffectedTitle>
<ukm:AffectedProvisions>
<ukm:Section Ref="regulation-20-1-b" URI="http://www.legislation.gov.uk/id/uksi/2015/575/regulation/20/1/b">reg. 20(1)(b)</ukm:Section>
</ukm:AffectedProvisions>
<ukm:AffectingTitle>The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="regulation-9-11-a-ii-aa" URI="http://www.legislation.gov.uk/id/uksi/2019/407/regulation/9/11/a/ii/aa" FoundRef="regulation-9">reg. 9(11)(a)(ii)(aa)</ukm:Section>
</ukm:AffectingProvisions>
<ukm:CommencementAuthority>
<ukm:Section Ref="regulation-1-2" URI="http://www.legislation.gov.uk/id/uksi/2019/407/regulation/1/2">reg. 1(2)</ukm:Section>
</ukm:CommencementAuthority>
<ukm:InForceDates>
<ukm:InForce Date="2020-12-31" Qualification="wholly in force"/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
<ukm:UnappliedEffect AffectedNumber="575" AffectedProvisions="reg. 20(5)" Notes="This amendment not applied to legislation.gov.uk. Reg. 9(11)(d) substituted immediately before IP completion day by S.I. 2019/680, reg. 10(4)(l)(ii)" AffectingURI="http://www.legislation.gov.uk/id/uksi/2019/407" URI="http://www.legislation.gov.uk/id/effect/key-3a98d458aab4779ba4ffade26adf6a4c" Modified="2021-03-09T12:08:05Z" Comments="IP completion day" AffectedClass="UnitedKingdomStatutoryInstrument" Type="omitted" EffectId="key-3a98d458aab4779ba4ffade26adf6a4c" AffectedYear="2015" AffectedURI="http://www.legislation.gov.uk/id/uksi/2015/575" AppendedCommentary="(as amended by S.I. 2020/1385, regs. 1(2), 54(2))" AffectingProvisions="reg. 9(11)(d)" RequiresApplied="false" AffectingEffectsExtent="E+W+S+N.I." AffectingYear="2019" Row="82" AffectingClass="UnitedKingdomStatutoryInstrument" AffectingNumber="407">
<ukm:AffectedTitle>The Solvency 2 Regulations 2015</ukm:AffectedTitle>
<ukm:AffectedProvisions>
<ukm:Section Ref="regulation-20-5" URI="http://www.legislation.gov.uk/id/uksi/2015/575/regulation/20/5">reg. 20(5)</ukm:Section>
</ukm:AffectedProvisions>
<ukm:AffectingTitle>The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="regulation-9-11-d" URI="http://www.legislation.gov.uk/id/uksi/2019/407/regulation/9/11/d">reg. 9(11)(d)</ukm:Section>
</ukm:AffectingProvisions>
<ukm:CommencementAuthority>
<ukm:Section Ref="regulation-1-2" URI="http://www.legislation.gov.uk/id/uksi/2019/407/regulation/1/2">reg. 1(2)</ukm:Section>
</ukm:CommencementAuthority>
<ukm:InForceDates>
<ukm:InForce Date="2020-12-31" Qualification="wholly in force"/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
<ukm:UnappliedEffect AffectingYear="2019" Row="87" URI="http://www.legislation.gov.uk/id/effect/key-6ced7de018ad38ae97bc1c943d9696ab" RequiresApplied="false" Notes="This amendment not applied to legislation.gov.uk. Reg. 9(13)(b) substituted immediately before IP completion day by S.I. 2019/680, reg. 10(4)(m)(ii)" AffectingEffectsExtent="E+W+S+N.I." AffectedURI="http://www.legislation.gov.uk/id/uksi/2015/575" AffectedNumber="575" AffectedYear="2015" AffectingNumber="407" Modified="2021-03-09T12:08:05Z" AffectingProvisions="reg. 9(13)(b)" AffectingClass="UnitedKingdomStatutoryInstrument" AffectingURI="http://www.legislation.gov.uk/id/uksi/2019/407" AffectedProvisions="reg. 24(2)" AffectedClass="UnitedKingdomStatutoryInstrument" Comments="IP completion day" Type="words omitted" EffectId="key-6ced7de018ad38ae97bc1c943d9696ab" AppendedCommentary="(as amended by S.I. 2020/1385, regs. 1(2), 54(2))">
<ukm:AffectedTitle>The Solvency 2 Regulations 2015</ukm:AffectedTitle>
<ukm:AffectedProvisions>
<ukm:Section Ref="regulation-24-2" URI="http://www.legislation.gov.uk/id/uksi/2015/575/regulation/24/2">reg. 24(2)</ukm:Section>
</ukm:AffectedProvisions>
<ukm:AffectingTitle>The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="regulation-9-13-b" URI="http://www.legislation.gov.uk/id/uksi/2019/407/regulation/9/13/b">reg. 9(13)(b)</ukm:Section>
</ukm:AffectingProvisions>
<ukm:CommencementAuthority>
<ukm:Section Ref="regulation-1-2" URI="http://www.legislation.gov.uk/id/uksi/2019/407/regulation/1/2">reg. 1(2)</ukm:Section>
</ukm:CommencementAuthority>
<ukm:InForceDates>
<ukm:InForce Date="2020-12-31" Qualification="wholly in force"/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
<ukm:UnappliedEffect Comments="IP completion day" Modified="2021-03-09T12:08:05Z" AffectingClass="UnitedKingdomStatutoryInstrument" Type="omitted" Row="88" AffectedNumber="575" AppendedCommentary="(as amended by S.I. 2020/1385, regs. 1(2), 54(2))" AffectedURI="http://www.legislation.gov.uk/id/uksi/2015/575" Notes="This amendment not applied to legislation.gov.uk. Reg. 9(13)(c) substituted immediately before IP completion day by S.I. 2019/680, reg. 10(4)(m)(iii)" AffectingProvisions="reg. 9(13)(c)" AffectingEffectsExtent="E+W+S+N.I." URI="http://www.legislation.gov.uk/id/effect/key-bbd30265328aad481ed8022bcbe7e815" AffectedYear="2015" AffectingNumber="407" AffectedProvisions="reg. 24(3)" AffectingURI="http://www.legislation.gov.uk/id/uksi/2019/407" RequiresApplied="false" AffectingYear="2019" EffectId="key-bbd30265328aad481ed8022bcbe7e815" AffectedClass="UnitedKingdomStatutoryInstrument">
<ukm:AffectedTitle>The Solvency 2 Regulations 2015</ukm:AffectedTitle>
<ukm:AffectedProvisions>
<ukm:Section Ref="regulation-24-3" URI="http://www.legislation.gov.uk/id/uksi/2015/575/regulation/24/3">reg. 24(3)</ukm:Section>
</ukm:AffectedProvisions>
<ukm:AffectingTitle>The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="regulation-9-13-c" URI="http://www.legislation.gov.uk/id/uksi/2019/407/regulation/9/13/c">reg. 9(13)(c)</ukm:Section>
</ukm:AffectingProvisions>
<ukm:CommencementAuthority>
<ukm:Section Ref="regulation-1-2" URI="http://www.legislation.gov.uk/id/uksi/2019/407/regulation/1/2">reg. 1(2)</ukm:Section>
</ukm:CommencementAuthority>
<ukm:InForceDates>
<ukm:InForce Date="2020-12-31" Qualification="wholly in force"/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
<ukm:UnappliedEffect AffectedClass="UnitedKingdomStatutoryInstrument" URI="http://www.legislation.gov.uk/id/effect/key-5bf0ccb01205a0a8658b40d413261db5" AffectingClass="UnitedKingdomStatutoryInstrument" AppendedCommentary="(as amended by S.I. 2020/1385, regs. 1(2), 54(2))" Notes="This amendment not applied to legislation.gov.uk. Reg. 10(2)(b) substituted immediately before IP completion day by S.I. 2019/680, reg. 10(5)" AffectedURI="http://www.legislation.gov.uk/id/uksi/2015/575" Modified="2021-03-09T12:08:05Z" AffectingNumber="407" Comments="IP completion day" EffectId="key-5bf0ccb01205a0a8658b40d413261db5" AffectingYear="2019" AffectingProvisions="reg. 10(2)(b)" Type="words omitted" AffectedProvisions="reg. 38(1)" AffectingURI="http://www.legislation.gov.uk/id/uksi/2019/407" AffectedNumber="575" Row="118" RequiresApplied="false" AffectingEffectsExtent="E+W+S+N.I." AffectedYear="2015">
<ukm:AffectedTitle>The Solvency 2 Regulations 2015</ukm:AffectedTitle>
<ukm:AffectedProvisions>
<ukm:Section Ref="regulation-38-1" URI="http://www.legislation.gov.uk/id/uksi/2015/575/regulation/38/1">reg. 38(1)</ukm:Section>
</ukm:AffectedProvisions>
<ukm:AffectingTitle>The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="regulation-10-2-b" URI="http://www.legislation.gov.uk/id/uksi/2019/407/regulation/10/2/b">reg. 10(2)(b)</ukm:Section>
</ukm:AffectingProvisions>
<ukm:CommencementAuthority>
<ukm:Section Ref="regulation-1-2" URI="http://www.legislation.gov.uk/id/uksi/2019/407/regulation/1/2">reg. 1(2)</ukm:Section>
</ukm:CommencementAuthority>
<ukm:InForceDates>
<ukm:InForce Date="2020-12-31" Qualification="wholly in force"/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
<ukm:UnappliedEffect AffectedClass="UnitedKingdomStatutoryInstrument" Comments="IP completion day" EffectId="key-b2cbc674aa42b4b92d0d7613852bb843" AffectingNumber="710" AffectingClass="UnitedKingdomStatutoryInstrument" AffectedYear="2015" AppendedCommentary="2020 c. 1, Sch. 5 para. 1(1)" AffectingEffectsExtent="E+W+S+N.I." Notes="This amendment not applied to legislation.gov.uk. Reg. 41 omitted immediately before IP completion day by virtue of S.I. 2020/1385, regs. 1(4), 64(5)" Row="231" Modified="2021-03-09T13:31:50Z" AffectingProvisions="reg. 41" Type="excluded (temp.) by S.I. 2019/407, reg. 13 (as inserted)" URI="http://www.legislation.gov.uk/id/effect/key-b2cbc674aa42b4b92d0d7613852bb843" RequiresApplied="false" AffectedProvisions="reg. 15(1)" AffectedURI="http://www.legislation.gov.uk/id/uksi/2015/575" AffectingURI="http://www.legislation.gov.uk/id/uksi/2019/710" AffectingYear="2019" AffectedNumber="575">
<ukm:AffectedTitle>The Solvency 2 Regulations 2015</ukm:AffectedTitle>
<ukm:AffectedProvisions>
<ukm:Section Ref="regulation-15-1" URI="http://www.legislation.gov.uk/id/uksi/2015/575/regulation/15/1">reg. 15(1)</ukm:Section>
</ukm:AffectedProvisions>
<ukm:AffectingTitle>The Financial Services (Miscellaneous) (Amendment) (EU Exit) Regulations 2019</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="regulation-41" URI="http://www.legislation.gov.uk/id/uksi/2019/710/regulation/41">reg. 41</ukm:Section>
</ukm:AffectingProvisions>
<ukm:CommencementAuthority>
<ukm:Section Ref="regulation-1-3" URI="http://www.legislation.gov.uk/id/uksi/2019/710/regulation/1/3">reg. 1(3)</ukm:Section>
</ukm:CommencementAuthority>
<ukm:InForceDates>
<ukm:InForce Date="2020-12-31" Qualification="wholly in force"/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
<ukm:UnappliedEffect Modified="2021-03-09T13:31:50Z" URI="http://www.legislation.gov.uk/id/effect/key-253562713764baec4a55b51e636ff231" EffectId="key-253562713764baec4a55b51e636ff231" AffectingEffectsExtent="E+W+S+N.I." Row="232" AffectingClass="UnitedKingdomStatutoryInstrument" Notes="This amendment not applied to legislation.gov.uk. Reg. 41 omitted immediately before IP completion day by virtue of S.I. 2020/1385, regs. 1(4), 64(5)" AffectedClass="UnitedKingdomStatutoryInstrument" AffectingYear="2019" Type="excluded (temp.) by S.I. 2019/407, reg. 13 (as inserted)" AffectingNumber="710" Comments="IP completion day" AffectingURI="http://www.legislation.gov.uk/id/uksi/2019/710" RequiresApplied="false" AffectedURI="http://www.legislation.gov.uk/id/uksi/2015/575" AffectedProvisions="reg. 24(1)(2)" AffectingProvisions="reg. 41" AffectedYear="2015" AppendedCommentary="2020 c. 1, Sch. 5 para. 1(1)" AffectedNumber="575">
<ukm:AffectedTitle>The Solvency 2 Regulations 2015</ukm:AffectedTitle>
<ukm:AffectedProvisions>
<ukm:Section Ref="regulation-24-1" URI="http://www.legislation.gov.uk/id/uksi/2015/575/regulation/24/1">reg. 24(1)</ukm:Section>
<ukm:Section Ref="regulation-24-2" URI="http://www.legislation.gov.uk/id/uksi/2015/575/regulation/24/2">(2)</ukm:Section>
</ukm:AffectedProvisions>
<ukm:AffectingTitle>The Financial Services (Miscellaneous) (Amendment) (EU Exit) Regulations 2019</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="regulation-41" URI="http://www.legislation.gov.uk/id/uksi/2019/710/regulation/41">reg. 41</ukm:Section>
</ukm:AffectingProvisions>
<ukm:CommencementAuthority>
<ukm:Section Ref="regulation-1-3" URI="http://www.legislation.gov.uk/id/uksi/2019/710/regulation/1/3">reg. 1(3)</ukm:Section>
</ukm:CommencementAuthority>
<ukm:InForceDates>
<ukm:InForce Date="2020-12-31" Qualification="wholly in force"/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
<ukm:UnappliedEffect Comments="IP completion day" AffectingYear="2019" Notes="This amendment not applied to legislation.gov.uk. Reg. 41 omitted immediately before IP completion day by virtue of S.I. 2020/1385, regs. 1(4), 64(5)" RequiresApplied="false" AppendedCommentary="2020 c. 1, Sch. 5 para. 1(1)" AffectingProvisions="reg. 41" Row="233" AffectedNumber="575" URI="http://www.legislation.gov.uk/id/effect/key-2af3ae26c69919ef359a325b8b817f9d" AffectingURI="http://www.legislation.gov.uk/id/uksi/2019/710" AffectingClass="UnitedKingdomStatutoryInstrument" AffectedClass="UnitedKingdomStatutoryInstrument" EffectId="key-2af3ae26c69919ef359a325b8b817f9d" AffectingEffectsExtent="E+W+S+N.I." AffectedURI="http://www.legislation.gov.uk/id/uksi/2015/575" AffectingNumber="710" Type="excluded (temp.) by S.I. 2019/407, reg. 13 (as inserted)" AffectedYear="2015" AffectedProvisions="reg. 25" Modified="2021-03-09T13:31:50Z">
<ukm:AffectedTitle>The Solvency 2 Regulations 2015</ukm:AffectedTitle>
<ukm:AffectedProvisions>
<ukm:Section Ref="regulation-25" URI="http://www.legislation.gov.uk/id/uksi/2015/575/regulation/25">reg. 25</ukm:Section>
</ukm:AffectedProvisions>
<ukm:AffectingTitle>The Financial Services (Miscellaneous) (Amendment) (EU Exit) Regulations 2019</ukm:AffectingTitle>
<ukm:AffectingProvisions>
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<preface eId="preface" period="#period1">
<p class="number">
<docNumber>2015 No. 575</docNumber>
</p>
<block name="subject">
<concept class="title" refersTo="#d4e398">Financial Services And Markets</concept>
</block>
<p class="title">
<shortTitle>The Solvency 2 Regulations 2015</shortTitle>
</p>
<p class="MadeDate">
<span>Made</span>
<docDate date="2015-03-06">6th March 2015</docDate>
</p>
<p class="LaidDate">
<span>Laid before Parliament</span>
<docDate date="2015-03-09">9th March 2015</docDate>
</p>
<p class="ComingIntoForce">
<span>Coming into force in accordance with regulation 1</span>
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<p>
The Treasury are a government department designated
<noteRef href="#c22419461" marker="M1" class="commentary M"/>
for the purposes of section 2(2) of the European Communities Act 1972
<noteRef href="#c22419471" marker="M2" class="commentary M"/>
in relation to financial services.
</p>
<p>The Treasury, in exercise of the powers conferred upon them by section 2(2) of the European Communities Act 1972, make the following Regulations:</p>
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