Skip to main content
What's new
All What's new
European
What's new - All
<hr>
What's new - last 24 hrs
What's new - last 7 days
What's new - last 30 days
<hr>
New EU Legislation
European Commission
European Banking Authority
European Securities and Markets Authority
European Insurance and Occupational Pensions Authority
<hr>
Consultations and similar
Commentaries
<hr>
Downloads and Exports
Latest news by Topics
International
What's new - All
<hr>
What's new - last 24 hrs
What's new - last 7 days
What's new - last 30 days
<hr>
Bank for International Settlements
Basel Committee on Banking Supervision
Egmont Group
International Association of Insurance Supervisors
International Monetary Fund
<hr>
Consultations and similar
Commentaries
<hr>
Downloads and Exports
Latest news by Topics
Downloads and Exports
Legislation
EU Legislation
EU Legislation - Search
EU Legislation - What's new
<hr>
Directives
Regulations
Proposals
Drafts
<hr>
Latest EU Legislation
Recent effective dates
Upcoming effective dates
Organisations
Commentaries
Consultations
<hr>
Closing soon
Recently closed
Sanctioned regimes
All - Documents by sanctioned regimes
<hr>
Haiti
ISIL (Da'esh) and Al-Qaida organisations
Iran
Iraq
Russia/Ukraine-related
Russian Harmful Foreign Activities
Syria
<hr>
IFRSs
What's new - International Accounting Standards
<hr>
IFRSs
IFRS Sustainability Disclosure Standards
IAS
<hr>
All IASB material
<hr>
Consultations - IFRS Foundation & IASB
<hr>
Commentaries
Regulatory calendar
View - Full calendar
<hr>
Future years - 2025
Future years - 2026
<hr>
Past years - 2024
Past years - 2023
Past years - 2022
Past years - 2021
Past years - all
Quicklinks
Accounting, Auditing, Actuarial
European Law
International Accounting Standards
International Material
Sanctions
More
Username
Password
Log in
Request a trial
anonymous
My details
Change password
Subscription details
<hr>
Page change alerts
<hr>
Previous searches
Recently viewed
Irish Financial Services Law
Legislation (IE)
Statutory Instruments
2007
Information
Table of Contents
Table of Contents
Expand all headings
Collapse all headings
Expand side bar
Collapse side bar
European Communities (Insurance and Reinsurance Groups Supplementary Supervision) Regulations, 2007 [S.I. No. 366 of 2007]
Introductory Text
Part 1 Preliminary Provisions (regs. 1-3)
Regulation 1 Citation and commencement.
Regulation 2 Object of these Regulations.
Regulation 3 Interpretation.
Part 2 Supplementary Supervision (regs. 4-14)
Regulation 4 Certain insurers and reinsurers to be subject to supplementary supervision.
Regulation 4A Level of application with regard to mixed financial holding companies.
Regulation 5 Scope of supplementary supervision.
Regulation 6 Responsibility for exercising supplementary supervision over insurers and reinsurers.
Regulation 7 Insurers and reinsurers to maintain adequate internal control mechanisms.
Regulation 8 Freedom of insurers, reinsurers and other undertakings to exchange information among themselves.
Regulation 9 Insurers and reinsurers to provide Bank with information when required.
Regulation 10 Co-operation between competent authorities.
Regulation 11 Intra-group transactions.
Regulation 12 Adjusted solvency requirement.
Regulation 13 Certain insurers and reinsurers to provide Bank with result of Schedule 2 calculation.
Regulation 14 Qualifications, reputation and experience of persons concerned in the direction or management of insurance holding companies.
Part 3 Enforcement (regs. 15-19)
Regulation 15 Enforcement of Bank directions.
Regulation 16 Penalties for offences.
Regulation 17 Continuing offences.
Regulation 18 Offences committed by bodies corporate.
Regulation 19 Trial of offences against these Regulations.
Part 4 Miscellaneous Provisions (regs. 20-21)
Regulation 20 Revocation and amendment of certain Regulations.
Regulation 21 Transitional provision.
Schedule 1 Calculation of the Adjusted Solvency of Insurers and Reinsurers
Schedule 1, Part 1 Calculation Method And General Principles
Schedule 1, Part 2 Application of calculation methods
Schedule 2 Supplementary supervision of insurers and reinsurers that are subsidiaries of an insurance holding company, a mixed financial holding company, a third country insurer, a third country reinsurer, an asset management company or an alternative investment fund manager.
Given under
Explanatory Note
Document Overview
Document Overview
Tools
Set document view date
Set a date to view the document
Date-Stamp
Set the date
Text comparison
Text comparison options
Full text - Date 1 vs Date 2
Amendments requiring commencement - Current text vs Text requiring commencement
Draft proposed changes - Current text vs Text proposed by drafting documents
Coming soon: Any documents - Any document vs Another document at any date
Print / Export
Print / Export options
Current page
Whole document
Selected pages
Consolidated PDF of the entire document as of 27th December 2024
Excel export
Export
Export line by line
Export provision to provision
Report template
Report template
Create report template
Notification
Alert me to changes
Monitor this document
Alert me to changes
You will receive an email notification when your chosen page or document has an amendment, proposed amendment or comes into force.
Manage alerts
Bookmark
Bookmarks
This page
This bookmark has been promoted to your quicklinks.
This document
This bookmark has been promoted to your quicklinks.
Manage bookmarks
Search within this document
Search within this document
GO
View previous searches
Share / Source link
Share
Get page link
Share via email application
Get direct link
https://service.betterregulation.com/document/37299
European Communities (Insurance and Reinsurance Groups Supplementary Supervision) Regulations, 2007 [S.I. No. 366 of 2007]
Part 1 Preliminary Provisions (regs. 1-3)
Previous
Next
Part 1 Preliminary Provisions (regs. 1-3)
Regulation 1 Citation and commencement.
Regulation 2 Object of these Regulations.
Regulation 3 Interpretation.
Previous
Next
Log in
Username
Password
Remember me
Log in
Request a trial
The best way to experience Better Regulation is to try it - free and without obligation.
Take a trial