(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 13/04/2005 — introduced by Directive 2005/1/EC.
68 provisions change.
Later versions: 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.