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Article 50 - Delegated acts and regulatory technical standards

Comparing 19/12/2013 → 23/05/2014: 3 added, 1 removed, 5 changed Close comparison

1.The Commission shall adopt implementingdelegated measuresacts in accordance with Article 301a to further specify the following:

(a)the elements of the systems referred to in Articles 41, 44, 46 and 47, and in particular the areas to be covered by the asset–liability management and investment policy, as referred to in Article 44(2), of insurance and reinsurance undertakings;

3.Those measures, designed to amend non-essential elements of this Directive by supplementing it, shall be adopted in accordance with the regulatory procedure with scrutiny referred to in Article 301(3).

(b)the functions referred to in Articles 4444, 46, 47 and 46 to 48;48.

2.In order to ensure consistent harmonisation in relation to this Section, EIOPA shall, subject to Article 301b, develop draft regulatory technical standards to further specify the following:

(a)(c) the requirements set out in Article 42 and the functions subject thereto;

(b)(d) the conditions under whichfor outsourcing, in particular to service providers located in third countries, may be performed.countries.

Power is delegated to the Commission to adopt the regulatory technical standards referred to in the first subparagraph in accordance with Articles 10 to 14 of Regulation (EU) No 1094/2010.

3.2. WhereIn necessaryorder to ensure appropriateconsistent convergenceharmonisation ofin relation to the assessment referred to in Article 45(1)(a), theEIOPA Commissionshall, maysubject adoptto implementingArticle measures301b, develop draft regulatory technical standards to further specify the elements of that assessment.

Power is delegated to the Commission to adopt the regulatory technical standards referred to in the first subparagraph in accordance with Articles 10 to 14 of Regulation (EU) No 1094/2010.

Official text · consolidated version 23/05/2014 (no longer in force) Open full page ↗
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