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The Solvency 2 Regulations 2015

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Changes over time for: PART 3

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Version Superseded: 27/11/2020

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Point in time view as at 01/01/2016. This version of this part no longer has effect. Help about Status

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There are currently no known outstanding effects for the The Solvency 2 Regulations 2015, PART 3 . Help about Changes to Legislation

PART 3 U.K.Groups

CHAPTER 1U.K.Cases of application and scope

Risk concentration and intra-group transactionsU.K.

Equivalent provisionsU.K.

Exclusion of undertaking from group supervisionU.K.

CHAPTER 2U.K.Levels

Supervision of parents and subgroups at national level: substantive powersU.K.

Supervision of parents and subgroups at national level: procedureU.K.

CHAPTER 3U.K.Group Solvency

Supervision of group solvency and frequency of calculationU.K.

Choice of methodU.K.

Inclusion of proportional shareU.K.

Related undertakings: calculation of group solvencyU.K.

Participating undertakings: calculation of group solvencyU.K.

Internal models and capital add-onsU.K.

Subsidiaries: solvency capital requirementU.K.

Subsidiaries: non-compliance with the solvency and minimum capital requirementsU.K.

Subsidiaries: revocation of approval for applying Articles 238 and 239 of the Solvency 2 DirectiveU.K.

CHAPTER 4U.K.Risk concentration and intra-group transactions

Supervision of risk concentration and intra-group transactionsU.K.

CHAPTER 5U.K.Risk management and internal control

Supervision of system of governanceU.K.

CHAPTER 6U.K.Measures to facilitate group supervision

Rule for deciding the group supervisorU.K.

Exceptions to the rule for deciding the group supervisorU.K.

Duties of group supervisor and establishment of college of supervisorsU.K.

Cooperation and exchange of information between supervisory authoritiesU.K.

Consultation between supervisory authoritiesU.K.

Access to informationU.K.

Verification of informationU.K.

Group solvency and financial condition reportU.K.

Enforcement measuresU.K.

CHAPTER 7U.K.Third countries

Non-EEA solvency 2 parent undertakings: equivalenceU.K.

Parent undertaking outside the EEA: absence of equivalenceU.K.

CHAPTER 8U.K.Mixed-activity insurance holding companies

Intra-group transactionsU.K.

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