Directive 2005/68/EC - Reinsurance Directive

Comparing proposed amendment...


	Recitals
	Title I Scope and Definitions (arts. 1-2)
Repealed	Article 1 Scope
Repealed	Article 2 Definitions
	Title II The Taking-up of the Business of Reinsurance and Authorisation of the Reinsurance Undertaking (arts. 3-14)
Repealed	Article 3 Principle of authorisation
Repealed	Article 4 Scope of authorisation
Repealed	Article 5 Form of the reinsurance undertaking
Repealed	Article 6 Conditions
Repealed	Article 7 Close links
Repealed	Article 8 Head office of the reinsurance undertaking
Repealed	Article 9 Policy conditions and scales of premiums
Repealed	Article 10 Economic requirements of the market
Repealed	Article 11 Scheme of operations
Repealed	Article 12 Shareholders and members with qualifying holdings
Repealed	Article 13 Refusal of authorisation
Repealed	Article 14 Prior consultation with the competent authorities of other Member States
	Title III Conditions Governing the Business of Reinsurance (arts. 15-44)
	Chapter 1 Principles and methods of financial supervision (arts. 15-31)
	Section 1 Competent authorities and general rules (arts. 15-18)
Repealed	Article 15 Competent authorities and object of supervision
Repealed	Article 16 Supervision of branches established in another Member State
Repealed	Article 17 Accounting, prudential and statistical information: supervisory powers
Repealed	Article 18 Transfer of portfolio
	Section 2 Qualifying holdings (arts. 19-23)
Repealed	Article 19 Acquisitions
Repealed	Article 19a Assessment
Repealed	Article 20 Acquisitions by regulated financial undertakings
Repealed	Article 21 Disposals
Repealed	Article 22 Information to the competent authority by the reinsurance undertaking
Repealed	Article 23 Qualifying holdings: powers of the competent authority
	Section 3 Professional secrecy and exchanges of information (arts. 24-30)
Repealed	Article 24 Obligation
Repealed	Article 25 Exchange of information between competent authorities of Member States
Repealed	Article 26 Cooperation agreements with third countries
Repealed	Article 27 Use of confidential information
Repealed	Article 28 Exchange of information with other authorities
Repealed	Article 29 Transmission of information to central banks and monetary authorities
Repealed	Article 30 Disclosure of information to government administrations responsible for financial legislation
	Section 4 Duties of auditors (art. 31)
Repealed	Article 31 Duties of auditors
	Chapter 2 Rules relating to technical provisions (arts. 32-34)
Repealed	Article 32 Establishment of technical provisions
Repealed	Article 33 Equalisation reserves
Repealed	Article 34 Assets covering technical provisions
	Chapter 3 Rules relating to the solvency margin and to the guarantee fund (arts. 35-41)
	Section 1 Available solvency margin (arts. 35-36)
Repealed	Article 35 General rule
Repealed	Article 36 Eligible items
	Section 2 Required solvency margin (arts. 37-39)
Repealed	Article 37 Required solvency margin for non-life reinsurance activities
Repealed	Article 38 Required solvency margin for life reassurance activities
Repealed	Article 39 Required solvency margin for a reinsurance undertaking simultaneously conducting non-life and life reinsurance
	Section 3 Guarantee fund (arts. 40-41)
Repealed	Article 40 Amount of the guarantee fund
Repealed	Article 41 Review of the amount of the guarantee fund
	Chapter 4 Reinsurance undertakings in difficulty or in an irregular situation and withdrawal of authorisation (arts. 42-44)
Repealed	Article 42 Reinsurance undertakings in difficulty
Repealed	Article 43 Financial recovery plan
Repealed	Article 44 Withdrawal of authorisation
	Title IV Provisions Relating to Finite Reinsurance and Special Purpose Vehicles (arts. 45-46)
Repealed	Article 45 Finite reinsurance
Repealed	Article 46 Special purpose vehicles
	Title V Provisions Relating to Right of Establishment and Freedom to Provide Services (arts. 47-48)
Repealed	Article 47 Reinsurance undertakings not complying with the legal provisions
Repealed	Article 48 Winding-up
	Title VI Reinsurance Undertakings Whose Head Offices are Outside the Community and Conducting Reinsurance Activities in the Community (arts. 49-50)
Repealed	Article 49 Principle and conditions for conducting reinsurance business
Repealed	Article 50 Agreements with third countries
	Title VII Subsidiaries of Parent Undertakings Governed by the Laws of a Third Country and Acquisitions of Holdings by Such Parent Undertakings (arts. 51-52)
Repealed	Article 51 Information from Member States to the Commission
Repealed	Article 52 Third country treatment of Community reinsurance undertakings
	Title VIII Other Provisions (arts. 53-56)
Repealed	Article 53 Right to apply to the courts
Repealed	Article 54 Cooperation between the Member States and the Commission
Repealed	Article 55 Committee procedure
Repealed	Article 56 Implementing measures
	Title IX Amendments to Existing Directives (arts. 57-60)
Repealed	Article 57 Amendments to Directive 73/239/EEC
Repealed	Article 58 Amendments to Directive 92/49/EEC
Repealed	Article 59 Amendments to Directive 98/78/EC
Repealed	Article 60 Amendments to Directive 2002/83/EC
	Title X Transitional and Final Provisions (arts. 61-66)
Repealed	Article 61 Right acquired by existing reinsurance undertakings
Repealed	Article 62 Reinsurance undertakings closing their activity
Repealed	Article 63 Transitional period for Articles 57(3) and 60(6)
Repealed	Article 64 Transposition
Repealed	Article 65 Entry into force
Repealed	Article 66 Addressees
Repealed	Annex I
Repealed	Annex II
	Done at

Page overview

Document overview

Set a date to view the document

Text comparison

Print / Export Options

Export

Report template

Alert me to changes

Bookmarks

Search within this document

Directive 2005/68/EC - Reinsurance Directive

Request a trial

The best way to experience Better Regulation is to try it - free and without obligation.

Set a date to view the document

Text comparison

Print / Export Options

Export

Report template

Alert me to changes

Bookmarks

Search within this document

Share

Directive 2005/68/EC - Reinsurance Directive

Log in

Request a trial

The best way to experience Better Regulation is to try it - free and without obligation.