(18)The competent authorities of home Member States should be responsible for monitoring the financial health of assurance undertakings, including their state of solvency, the establishment of adequate technical provisions and the covering of those provisions by matching assets.
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New version applies from 01/05/2004 — introduced by Council Directive 2004/66/EC.
146 provisions change.
Later versions: 13/04/2005, 10/12/2005, 01/01/2007, 21/09/2007, 20/03/2008, 01/07/2013, 01/01/2016.
Recital 18 changes in this version: compare with the current text.