Article 39U.K.Cost-of-Capital rate
The Cost-of-Capital rate referred to in Article 77(5) of Directive 2009/138/EC shall be assumed to be equal to [F14%].
Textual Amendments
F1 Word in Art. 39 substituted (31.12.2023) by The Insurance and Reinsurance Undertakings (Prudential Requirements) (Risk Margin) Regulations 2023 (S.I. 2023/1346), regs. 1(1), 2(3)