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Chapter IV Conditions governing business (arts. 40-72)

Comparing proposed amendment...
Section 1 Responsibility of the administrative, management or supervisory body (art. 40)
Entered into force
Article 40 Responsibility of the administrative, management or supervisory body
Section 2 System of governance (arts. 41-50)
Amended
Article 41 General governance requirements
Entered into force
Article 42 Fit and proper requirements for persons who effectively run the undertaking or have other key functions
Entered into force
Article 43 Proof of good repute
Amended
Article 44 Risk management
Amended
Article 45 Own risk and solvency assessment
Entered into force
Article 46 Internal control
Entered into force
Article 47 Internal audit
Entered into force
Article 48 Actuarial function
Entered into force
Article 49 Outsourcing
Amended
Article 50 Delegated acts and regulatory technical standards
Section 3 Public disclosure (arts. 51-56)
Amended
Article 51 Report on solvency and financial condition: contents
Amended
Article 52 Information for and reports by the European Insurance and Occupational Pensions Authority
Entered into force
Article 53 Report on solvency and financial condition: applicable principles
Entered into force
Article 54 Report on solvency and financial condition: updates and additional voluntary information
Entered into force
Article 55 Report on solvency and financial condition: policy and approval
Applicable
Article 56 Solvency and financial condition report: delegated acts and implementing technical standards
Section 4 Qualifying holdings (arts. 57-63)
Applicable
Article 57 Acquisitions
Applicable
Article 58 Assessment period
Applicable
Article 59 Assessment
Applicable
Article 60 Acquisitions by regulated financial undertakings
Applicable
Article 61 Information to the supervisory authority by the insurance or reinsurance undertaking
Applicable
Article 62 Qualifying holdings, powers of the supervisory authority
Applicable
Article 63 Voting rights
Section 5 Professional secrecy, exchange of information and promotion of supervisory convergence (arts. 64-71)
Applicable
Article 64 Professional secrecy
Applicable
Article 65 Exchange of information between supervisory authorities of Member States
Inserted
Article 65a Cooperation with EIOPA
Applicable
Article 66 Cooperation agreements with third countries
Entered into force
Article 67 Use of confidential information
Inserted
Article 67a European Parliament powers of investigation
Amended
Article 68 Exchange of information with other authorities
Applicable
Article 69 Disclosure of information to government administrations responsible for financial legislation
Applicable
Article 70 Transmission of information to central banks, monetary authorities, payment systems overseers and the European Systemic Risk Board
Amended
Article 71 Supervisory convergence
Section 6 Duties of auditors (art. 72)
Entered into force
Article 72 Duties of auditors