(14)Whereas, however, the home Member State may not require insurance undertakings to invest the assets covering their technical provisions in particular categories of assets, as such a requirement would be incompatible with the measures on the liberalization of capital movements provided for in Directive 88/361/EEC;
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New version applies from 13/04/2005 — introduced by Directive 2005/1/EC.
93 provisions change.
Later versions: 10/12/2005, 21/09/2007, 21/03/2008.
Recital 14 changes in this version: compare with the current text.