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Commission Implementing Regulation (EU) 2015/462 of 19 March 2015 laying down implementing technical standards with regard to the procedures for supervisory approval to establish special purpose vehicles, for the cooperation and exchange of information between supervisory authorities regarding special purpose vehicles as well as to set out formats and templates for information to be reported by special purpose vehicles in accordance with Directive 2009/138/EC of the European Parliament and of the Council (Text with EEA relevance)RecitalsArticle 1 Subject matterArticle 2 DefinitionArticle 3 Supervisory approval to establish special purpose vehiclesArticle 4 Decision of the supervisory authorityArticle 5 Demonstration and documentation requirementsArticle 6 Withdrawal of authorisationArticle 7 Multi-arrangement special purpose vehicleArticle 8 Ongoing cooperation between supervisory authoritiesArticle 9 Prior consultation before granting an authorisationArticle 10 Communication of changesArticle 11 Communication of withdrawal of authorisationArticle 12 Communication of the annual reportArticle 13 Quantitative content of the annual reportArticle 14 Qualitative content of the annual reportArticle 15 Description of the risks assumed by the special purpose vehicleArticle 16 Information on debt instruments issued or other financing mechanism entered intoArticle 17 Means for reportingArticle 18 Currency and unitsArticle 19 Entry into forceAnnex IAnnex II Special Purpose Vehicles reporting templatesAnnex IIIDone at
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Version status: Entered into force | Document consolidation status: No known changes
Version date: 21 March 2015 - onwards
Version 2 of 2

Article 2 Definition

For the purposes of this Regulation, "multi-arrangement special purpose vehicle" means a special purpose vehicle which assumes risks under more than one separate contractual arrangement from one or more insurance or reinsurance undertakings.

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