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Title III Conditions Governing the Business of Reinsurance (arts. 15-44)

Comparing proposed amendment...
Chapter 1 Principles and methods of financial supervision (arts. 15-31)
Section 1 Competent authorities and general rules (arts. 15-18)
Repealed
Article 15 Competent authorities and object of supervision
Repealed
Article 16 Supervision of branches established in another Member State
Repealed
Article 17 Accounting, prudential and statistical information: supervisory powers
Repealed
Article 18 Transfer of portfolio
Section 2 Qualifying holdings (arts. 19-23)
Repealed
Article 19 Acquisitions
Repealed
Article 19a Assessment
Repealed
Article 20 Acquisitions by regulated financial undertakings
Repealed
Article 21 Disposals
Repealed
Article 22 Information to the competent authority by the reinsurance undertaking
Repealed
Article 23 Qualifying holdings: powers of the competent authority
Section 3 Professional secrecy and exchanges of information (arts. 24-30)
Repealed
Article 24 Obligation
Repealed
Article 25 Exchange of information between competent authorities of Member States
Repealed
Article 26 Cooperation agreements with third countries
Repealed
Article 27 Use of confidential information
Repealed
Article 28 Exchange of information with other authorities
Repealed
Article 29 Transmission of information to central banks and monetary authorities
Repealed
Article 30 Disclosure of information to government administrations responsible for financial legislation
Section 4 Duties of auditors (art. 31)
Repealed
Article 31 Duties of auditors
Chapter 2 Rules relating to technical provisions (arts. 32-34)
Repealed
Article 32 Establishment of technical provisions
Repealed
Article 33 Equalisation reserves
Repealed
Article 34 Assets covering technical provisions
Chapter 3 Rules relating to the solvency margin and to the guarantee fund (arts. 35-41)
Section 1 Available solvency margin (arts. 35-36)
Repealed
Article 35 General rule
Repealed
Article 36 Eligible items
Section 2 Required solvency margin (arts. 37-39)
Repealed
Article 37 Required solvency margin for non-life reinsurance activities
Repealed
Article 38 Required solvency margin for life reassurance activities
Repealed
Article 39 Required solvency margin for a reinsurance undertaking simultaneously conducting non-life and life reinsurance
Section 3 Guarantee fund (arts. 40-41)
Repealed
Article 40 Amount of the guarantee fund
Repealed
Article 41 Review of the amount of the guarantee fund
Chapter 4 Reinsurance undertakings in difficulty or in an irregular situation and withdrawal of authorisation (arts. 42-44)
Repealed
Article 42 Reinsurance undertakings in difficulty
Repealed
Article 43 Financial recovery plan
Repealed
Article 44 Withdrawal of authorisation