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S.L. 403.17 · Insurance Business (Supervision (S.L. 403.17)

S.L. 403.17 ст. 21Non-availability of the necessary information.

PART II

ДействуетОфициальный текст

Where the information necessary for calculating the group solvency of an authorised insurance undertaking or an authorised reinsurance undertaking, in a group, concerning a related undertaking with its head office in a Member State or EEA State, or in a third country, is not available to the competent authority, where it is the group supervisor of a group:

(a) the book value of that related undertaking in the participating insurance or reinsurance undertaking shall be deducted from the own funds eligible for the group solvency; and

(b) the unrealised gains connected with such participation shall not be recognised as own funds eligible for the group solvency.