Article 7Maintaining, changing or removing the capital add-on

When considering whether to maintain, change or remove the capital add-on the supervisory authority shall take into account any of the following:

  1. (a)

    information submitted by the insurance or reinsurance undertaking during the process of setting and calculating the capital add-on;

  2. (b)

    information obtained by the supervisory authority through the supervisory review process and through any subsequent supervisory activity;

  3. (c)

    information provided in the progress report if requested by the supervisory authority in accordance with Article 5;

  4. (d)

    any other relevant information indicating a material change in the circumstances that led to the setting of the capital add-on.