Currency matching

The restricted assets must be invested, in accordance with the currency-matching rules set out in the Annex to this Ordinance, in assets denominated in the same currency in which the insurance obligations must be discharged. For this purpose:
1. land and rights equivalent to land are treated as invested in the currency of the country in which they are located,
2. shares and units are treated as invested in the currency in which they are included in an organised market, and
3. shares and units not included in an organised market are treated as invested in the currency of the country in which the issuer of the securities or units has its seat.