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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2016 - onwards
  Version 4 of 4    

Regulation 23 Annual returns to the Bank and register of technical reserves, including mathematical reserves

Revoked from 1 January 2016

(1) An undertaking that is the holder of an authorisation and whose head office is located in the State shall provide the Bank, either annually or at such more frequent intervals as the Bank requests, with such information (in such form and manner as it specifies) as will enable the Bank to verify the state of solvency of the undertaking with respect to its entire business.

(2) An undertaking that is the holder of an authorisation shall provide the Bank, either annually or at such more frequent intervals as the Bank requests, with such returns and documents (in such form and manner as it specifies) as are necessary -

 

(a) to enable the Bank to verify that the technical reserves (including the mathematical reserves) mentioned in Article 15 of these Regulations are being maintained, and

(b) to enable the Bank to comply with Article 14 of these Regulations.

(3) Every undertaking which is the holder of an authorisation shall keep a register showing the assets representing the techni

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