Regulation 12D Disclosure of information in order to publish a stress test in relation to insurance undertakings and reinsurance undertakings
DRAFT To be inserted Regulation 19 Amendments to the Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001 of the Draft SI - Insurance and Reinsurance Undertakings (Prudential Requirements) (No. 2) Regulations 2023
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The PRA or a person who is employed by the PRA may disclose confidential information if it is necessary to do so in order to publish the outcome of a stress test conducted in respect of an insurance undertaking, which is also a UK Solvency II Firm as defined by the PRA rules, or a reinsurance undertaking, which is also a UK Solvency II firm as defined by the PRA rules.