The home Member State may not require assurance undertakings to invest the assets covering their technical provisions in particular categories of assets, as such a requirement would be incompatible with the liberalisation of capital movements provided for in Article 56 of the Treaty.
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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 38 changes in this version: compare with the current text.