(11)Whereas intra-group transactions can affect the financial position of an insurance undertaking; whereas the competent authorities should be in a position to exercise general supervision over certain types of such intra-group operations and take appropriate measures at the level of the insurance undertaking where its solvency is or may be jeopardised,
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New version applies from 13/04/2005 — introduced by Directive 2005/1/EC.
23 provisions change.
Later versions: 10/12/2005.
Recital 11 changes in this version: compare with the current text.
Recital 11
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Recital 11