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Home Insurance & Pensions Solvency II Directive

Chapter VI · Rules relating to the valuation of assets and liabilities, technical provisions, own funds, Solvency Capital Requirement, Minimum Capital Requirement and investment rules  ›  Section 3 · Own funds › Article 99

Implementing measures

The Commission shall adopt implementing measures laying down:

(a)

the quantitative limits referred to in Article 98(1) and (2);

(b)

the adjustments that should be made to reflect the lack of transferability of those own-fund items that can only be used to cover losses arising from a particular segment of liabilities or from particular risks (ring-fenced funds).

Those measures, designed to amend non-essential elements of this Directive by supplementing it, shall be adopted in accordance with the regulatory procedure with scrutiny referred to in Article 301(3).

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