The following paragraph is added to Article 19 of the first Directive:
'3. Each Member State shall take all steps necessary to ensure that the authorities responsible for supervising insurance undertakings have the powers and means necessary for supervision of the activities of insurance undertakings established within their territory, including activities engaged in outside that territory, in accordance with the Council Directives governing those activities and for the purpose of seeing that they are implemented.
Those powers and means must, in particular, enable the supervisory authorities to:
- make detailed inquiries about the undertaking's situation and the whole of its business, inter alia by:
- gathering information or requiring the submission of documents concerning insurance business,
- carrying out on-the-spot investigations at the undertaking's premises,
- take any measures with regard to the undertaking which are appropriate and necessary to ensure that the activities