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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2016 - onwards
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Regulation 222 Frequency of calculation

(1) The relevant data for, and the results of, the calculations referred to in Regulation 221(2) and (3) shall be submitted to the group supervisor by the participating insurance undertaking or reinsurance undertaking or, where the group is not headed by an insurance undertaking or reinsurance undertaking, by the insurance holding company or the mixed financial holding company or by the undertaking in the group identified by the group supervisor after consulting the other supervisory authorities concerned in the supervision of the group and the group itself.

(2) The insurance undertaking, reinsurance undertaking, insurance holding company or mixed financial holding company shall monitor the group Solvency Capital Requirement on an ongoing basis.

(3) Where the risk profile of the group deviates significantly from the assumptions underlying the last reported group Solvency Capital Requirement, the group Solvency Capital Requirement shall be recalculated without delay and reported to the

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