Date-stamp loading
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 May 2003 - onwards
  Version 3 of 3    

Regulation 15 Transactions with a related company or companies.

(1) Prior to entering into any transaction of a material nature with a related company or companies, including in particular, the provision of loans to and acceptance of loans from a related company or companies, an insurance undertaking shall submit to the Bank a draft of any contract or agreement which is to be entered into by the insurance undertaking in relation to the transaction.

(2) In this Article -

"related company" has the meaning assigned to it in accordance with Annex III to these Regulations.

Comparing proposed amendment...