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Chapter II Financial position (arts. 218-246)

Comparing proposed amendment...
Section 1 Group solvency (arts. 218-243)
Subsection 1 General provisions (arts. 218-219)
Entered into force
Article 218 Supervision of group solvency
Amended
Article 219 Frequency of calculation
Subsection 2 Choice of calculation method and general principles (arts. 220-224)
Entered into force
Article 220 Choice of method
Entered into force
Article 221 Inclusion of proportional share
Entered into force
Article 222 Elimination of double use of eligible own funds
Entered into force
Article 223 Elimination of the intra-group creation of capital
Entered into force
Article 224 Valuation
Subsection 3 Application of the calculation methods (arts. 225-229 and draft art. 229a)
Entered into force
Article 225 Related insurance and reinsurance undertakings
Amended
Article 226 Intermediate insurance holding companies
Amended
Article 227 Equivalence concerning related third-country insurance and re-insurance undertakings
Entered into force
Article 228 Related credit institutions, investment firms and financial institutions
Entered into force
Article 229 Non-availability of the necessary information
Draft
Draft Article 229a Simplified calculations
Subsection 4 Calculation methods (arts. 230-234)
Entered into force
Article 230 Method 1 (Default method): Accounting consolidation-based method
Amended
Article 231 Group internal model
Amended
Article 232 Group capital add-on
Amended
Article 233 Method 2 (Alternative method): Deduction and aggregation method
Draft
Draft Article 233a Combination of methods 1 and 2
Draft
Draft Article 233b Long-term equities at group level
Amended
Article 234 Delegated acts concerning Articles 220 to 229 and 230 to 233
Subsection 5 Supervision of group solvency for insurance and reinsurance undertakings that are subsidiaries of an insurance holding company (art. 235)
Amended
Article 235 Group solvency of an insurance holding company or a mixed financial holding company
Subsection 6 Supervision of group solvency for groups with centralised risk management (arts. 236-243)
Entered into force
Article 236 Subsidiaries of an insurance or reinsurance undertaking: conditions
Amended
Article 237 Subsidiaries of an insurance or reinsurance undertaking: decision on the application
Amended
Article 238 Subsidiaries of an insurance or reinsurance undertaking: determination of the Solvency Capital Requirement
Amended
Article 239 Subsidiaries of an insurance or reinsurance undertaking: non-compliance with the Solvency and Minimum Capital Requirements
Entered into force
Article 240 Subsidiaries of an insurance or reinsurance undertaking: end of derogations for a subsidiary
Amended
Article 241 Subsidiaries of an insurance or reinsurance undertaking: delegated acts
Amended
Article 242 Review
Amended
Article 243 Subsidiaries of an insurance holding company and mixed financial holding company
Section 2 Risk concentration and intra-group transactions (arts. 244-245)
Amended
Article 244 Supervision of risk concentration
Amended
Article 245 Supervision of intra-group transactions
Section 3 Risk management and internal control (art. 246)
Amended
Article 246 Supervision of the system of governance