http://www.legislation.gov.uk/uksi/2015/575/schedule/2/paragraph/14/2022-01-24

The Solvency 2 Regulations 2015

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en

Statute Law Database

FINANCIAL SERVICES AND MARKETS

2024-07-11

Expert Participation

2022-01-24

The 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.