- Enforced by
- PRA
- Status
- Amended (in force with amendments)
What it defines
Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.
Part 1
Citation, commencement and interpretation
0 of 2 sections shown2 other sections in this Part — procedural and definitional
s.001
Citation and commencement
s.002
Interpretation
Part 2
Supervision
0 of 13 sections shown13 other sections in this Part — procedural and definitional
s.003
Exercise of PRA and FCA functions
s.004
Review of capital add-ons
s.004
Non-compliance with solvency capital requirement and exceptional adverse situations
s.004
Duty to publish technical information
s.004
Powers in relation to Gibraltar undertakings
s.004
Procedure on the exercise of powers under regulation 4C
s.005
Passporting: notification of home state regulator
s.006
EIOPA: information
s.007
EIOPA and EBA: notifications
s.008
Other EEA States: information
s.009
Non-compliance with the minimum capital requirement: provision of information to other supervisory authorities
s.009
This Part applies to the following types of groups—
s.009
Where the participating insurance or reinsurance undertaking, or participating Gibraltarian...
Part 3
Groups
0 of 30 sections shown30 other sections in this Part — procedural and definitional
s.010
Risk concentration and intra-group transactions
s.011
Equivalent provisions
s.012
Exclusion of undertaking from group supervision
s.013
Supervision of parents and subgroups at national level: substantive powers
s.014
Supervision of parents and subgroups at national level: procedure
s.015
Supervision of group solvency and frequency of calculation
s.016
Choice of method
s.017
Inclusion of proportional share
s.018
Related undertakings: calculation of group solvency
s.019
Participating undertakings: calculation of group solvency
s.019
Gibraltar undertakings: calculation of group solvency
s.020
Internal models and capital add-ons
s.021
Subsidiaries: solvency capital requirement
s.022
Subsidiaries: non-compliance with the solvency and minimum capital requirements
s.023
Subsidiaries: revocation of approval for applying Articles 238 and 239 of the Solvency 2 Directive
s.024
Supervision of risk concentration and intra-group transactions
s.025
Supervision of system of governance
s.026
Rule for deciding the group supervisor
s.027
Exceptions to the rule for deciding the group supervisor
s.028
Duties of group supervisor ...
s.029
Cooperation and exchange of information between supervisory authorities
s.030
Consultation between supervisory authorities
s.031
Access to information
s.032
Verification of information
s.033
Group solvency and financial condition report
s.034
Enforcement measures
s.035
Non-EEA solvency 2 parent undertakings: equivalence
s.036
Parent undertaking outside the United Kingdom: absence of equivalence
s.036
Parent undertakings outside the United Kingdom: levels
s.037
Intra-group transactions
Part 4
Approvals
0 of 21 sections shown21 other sections in this Part — procedural and definitional
s.038
Meaning of “approval”, “group application” and “protected item”
s.039
Applications: eligibility, process, information and documents
s.040
Additional process: applications from groups and applications to more than one supervisory authority
s.041
Verification that the Solvency 2 Directive does not apply
s.042
Matching adjustment
s.043
Volatility adjustment
s.044
Supervisory approval of ancillary own-funds
s.045
Eligible own funds for an intermediate insurance holding company
s.046
Classification of funds
s.047
Basic Solvency Capital Requirement
s.048
Models
s.049
Group applications
s.050
Third-country insurance undertakings: approval of supervision in more than one EEA State
s.051
Withdrawal of authorisation for third-country insurance undertakings authorised in more than one EEA State
s.052
Subsidiaries: application of Articles 238 and 239 of the Solvency 2 Directive
s.053
Transitional measures on risk-free interest rates
s.054
Transitional measures on technical provisions
s.055
Decisions: written notices
s.056
Appeals
s.057
Publication of written notices
s.058
Modification or waiver of rules
Part 5
Amendments
0 of 2 sections shown2 other sections in this Part — procedural and definitional
s.059
Amendments
s.060
Schedule 2, which contains amendments to secondary legislation, has effect....
Schedules
Schedules
0 of 73 shown73 other schedules
s.sch001
FSMA is amended as follows.
s.sch001
In section 194 (general grounds on which power of intervention...
s.sch001
(1) Section 198 (power to apply to court for injunction...
s.sch001
In section 316 (direction by a regulator), in subsection (4)(b)(i),...
s.sch001
In section 367(3) (winding up petitions), before paragraph (a), insert—...
s.sch001
In section 405(5) (directions), omit paragraphs (c) and (d).
s.sch001
In section 417 (definitions), in subsection (1), insert at the...
s.sch001
In section 425(1)(a) (expressions relating to authorisation elsewhere in the...
s.sch001
(1) Schedule 3 (EEA passport rights) is amended as follows....
s.sch001
(1) Schedule 12 (transfer schemes: certificates) is amended as follows....
s.sch001
Friendly Societies Act 1992
s.sch001
(1) Section 55J (variation or cancellation on initiative of regulator)...
s.sch001
Finance Act 1997
s.sch001
Terrorism Act 2000
s.sch001
Capital Allowances Act 2001
s.sch001
Proceeds of Crime Act 2002
s.sch001
Finance Act 2003
s.sch001
Companies Act 2006
s.sch001
Corporation Tax Act 2009
s.sch001
After section 55K (investment firms: particular conditions that enable cancellation),...
s.sch001
After section 55P (prohibitions and restrictions), insert— Assets requirements imposed...
s.sch001
In section 105 (insurance business transfer schemes), in subsection (3),...
s.sch001
(1) Section 116 (effect of insurance business transfers authorised in...
s.sch001
In section 165(7) (regulators' power to require information: authorised persons...
s.sch001
(1) Section 167 (appointment of persons to carry out general...
s.sch001
In section 190(4) (requests for further information), for paragraph (b)...
s.sch002
Insolvency (Scotland) Rules 1986
s.sch002
Competition Act 1998 (Determination of Turnover for Penalties) Order 2000
s.sch002
Financial Services and Markets Act 2000 (Regulated Activities) Order 2001
s.sch002
The Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001
s.sch002
Financial Services and Markets Act 2000 (EEA Passport Rights) Regulations 2001
s.sch002
Financial Services and Markets Act 2000 (Law Applicable to Contracts of Insurance) Regulations 2001
s.sch002
The Financial Services and Markets Act 2000 (Control of Business Transfers) (Requirements on Applicants) Regulations 2001 (Article 39)
s.sch002
Enterprise Act 2002 (Merger Fees and Determination of Turnover) Order 2003
s.sch002
Insurers (Reorganisation and Winding Up) Regulations 2004
s.sch002
Child Trust Funds Regulations 2004
s.sch002
Financial Conglomerates and Other Financial Groups Regulations 2004
s.sch002
Companies (1986 Order) (Insurance Companies Accounts) Regulations (Northern Ireland) 1994
s.sch002
Pension Protection Fund (Entry Rules) Regulations (Northern Ireland) 2005
s.sch002
Occupational Pension Schemes (Investment) Regulations (Northern Ireland) 2005
s.sch002
Pension Protection Fund (Entry Rules) Regulations 2005
s.sch002
Insurers (Reorganisation and Winding Up) (Lloyd's) Regulations 2005
s.sch002
Occupational Pension Schemes (Investment) Regulations 2005
s.sch002
Money Laundering Regulations 2007
s.sch002
Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008
s.sch002
Insurance Accounts Directive (Miscellaneous Insurance Undertakings) Regulations 2008
s.sch002
Payment Services Regulations 2009
s.sch002
Mutual Societies (Transfers) Order 2009
s.sch002
Mineworkers' Pension Scheme (Modification) Regulations 1994
s.sch002
Financial Services and Markets Act 2000 (Controllers) (Exemption) Order 2009
s.sch002
Financial Services and Markets Act 2000 (Law Applicable to Contracts of Insurance) Regulations 2009
s.sch002
Occupational and Personal Pension Schemes (Automatic Enrolment) Regulations (Northern Ireland) 2010
s.sch002
Occupational and Personal Pension Schemes (Automatic Enrolment) Regulations 2010
s.sch002
Electronic Money Regulations 2011
s.sch002
Bank of England Act 1998 (Macro-prudential Measures) Order 2013
s.sch002
Enterprise Act 2002 (Mergers) (Interim Measures: Financial Penalties) (Determination of Control and Turnover) Order 2014
s.sch002
Industry-Wide Mineworkers' Pension Scheme Regulations 1994
s.sch002
Insurance Companies (Overseas Life Assurance Business) (Compliance) Regulations 1995
s.sch002
Occupational Pension Schemes (Scheme Administration) Regulations 1996
s.sch002
Occupational Pension Schemes (Scheme Administration) Regulations (Northern Ireland) 1997
s.sch002
Individual Savings Account Regulations 1998
s.sch002
Competition Act 1998 (Small Agreements and Conduct of Minor Significance) Regulations 2000
s.sch003
This Schedule specifies the procedure for verifying whether the insurance...
s.sch003
The PRA must follow the procedure set out in Flowchart...
s.sch003
Flowchart 1 also imposes duties and confers powers on the...
s.sch003
Where reference is made to this paragraph in Flowchart 1,...
s.sch003
In this schedule, “acting group supervisor” means the supervisory authority...
s.sch004
When the PRA receives an application referred to in the...
s.sch004
Flowchart 2 also imposes duties and confers powers on the...
s.sch004
In Flowchart 2— (a) “college” means the college of supervisory...
s.sch005
When the PRA receives a group application, the PRA must...
s.sch005
Flowchart 3 also imposes duties and confers powers on the...
s.sch005
In Flowchart 3— (a) “college” means the college of supervisory...
Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.