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Commission Delegated Regulation (EU) 2015/35

◷ New version from 30/01/2027 (not yet in force) · 173 changes · View as of 30/01/2027

Preamble
Recitals 151
Title I - VALUATION AND RISK-BASED CAPTAL REQUIREMENTS (PILLAR I), ENHANCED GOVERNANCE (PILLAR II) AND INCREASED TRANPARENCY (PILLAR III) (Article 1-327) 327
- Chapter I - GENERAL PROVISIONS (Article 1-6) 6
- Chapter II - VALUATION OF ASSETS AND LIABILITIES (Article 7-16) 10
- Chapter III - RULES RELATING TO TECHNICAL PROVISIONS (Article 17-61) 45
- Chapter IV - OWN FUNDS (Article 62-82) 21
- Chapter V - SOLVENCY CAPITAL REQUIREMENT STANDARD FORMULA (Article 83-221) 139
  - Section 1 - General provisions (Article 83-113) 31
  - Section 2 - Non-life underwriting risk module (Article 114-135) 22
  - Section 3 - Life underwriting risk module (Article 136-143) 8
  - Section 4 - Health underwriting risk module (Article 144-163) 20
  - Section 5 - Market risk module (Article 164-188) 25
  - Section 6 - Counterparty default risk module (Article 189-202) 14
  - Section 7 - Intangible asset module (Article 203) 1
  - Section 8 - Operational risk (Article 204) 1
  - Section 9 - Adjustment for the loss-absorbing capacity of technical provisions and deferred taxes (Article 205-207) 3
    
    Article 205 - General provisions
    
    Article 206 - Adjustment for the loss-absorbing capacity of technical provisions
    
    Article 207 - Adjustment for the loss-absorbing capacity of deferred taxes
  - Section 10 - Risk mitigation techniques (Article 208-215) 8
  - Section 11 - Ring fenced funds (Article 216-217) 2
  - Section 12 - Undertaking-specific parameters (Article 218-220) 3
  - Section 13 - Procedure for updating correlation parameters (Article 221) 1
- Chapter VI - SOLVENCY CAPITAL REQUIREMENT — FULL AND PARTIAL INTERNAL MODELS (Article 222-247) 26
- Chapter VII - MINIMUM CAPITAL REQUIREMENT (Article 248-253) 6
- Chapter VIII - INVESTMENTS IN SECURITISATION POSITIONS (Article 254-257) 4
- Chapter IX - SYSTEM OF GOVERNANCE (Article 258-275) 18
- Chapter X - CAPITAL ADD-ON (Article 276-287) 12
- Chapter XI - EXTENSION OF THE RECOVERY PERIOD (Article 288-289) 2
- Chapter XII - PUBLIC DISCLOSURE (Article 290-303) 14
- Chapter XIII - REGULAR SUPERVISORY REPORTING (Article 304-314) 11
- Chapter XIV - TRANSPARENCY AND ACCOUNTABILITY OF SUPERVISORY AUTHORITIES (Article 315-317) 3
- Chapter XV - SPECIAL PURPOSE VEHICLES (Article 318-327) 10
Title II - INSURANCE GROUPS (Article 328-377) 50
Title III - THIRD COUNTRY EEQUIVALENCE AND FINAL PROVISIONS (Article 378-381) 4
Annexes 26
- Annex I
- Annex II
- Annex III
- Annex IV
- Annex V
- Annex VI
- Annex VII
- Annex VIII
- Annex IX
- Annex X
- Annex XI
- Annex XII
- Annex XIII
- Annex XIV
- Annex XV
- Annex XVI
- Annex XVII
- Annex XVIII
- Annex XIX
- Annex XX
- Annex XXI
- Annex XXII
- Annex XXIII
- Annex XXIV
- Annex XXV
- Annex XXVI
Amending acts 13

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New version applies from 02/04/2016 — introduced by Commission Delegated Regulation (EU) 2016/467, Commission Delegated Regulation (EU) 2016/2283. 363 provisions change. Later versions: 15/09/2017, 01/01/2019, 08/07/2019, 01/01/2020, 30/07/2020, 15/04/2021, 02/08/2022, 14/11/2024, 30/01/2027. Article 205 changes in this version: compare with the current text.

View as of 02/04/2016 What changes

Article 205 - General provisions

Comparing 17/01/2015 → 18/01/2015: 0 added, 0 removed, 2 changed Close comparison

The adjustment referred to in Article 103(c) of Directive 2009/138/EC for the loss-absorbing capacity of technical provisions and deferred taxes shall be the sum of the following items:

((a))~~(a)~~ the adjustment for the loss-absorbing capacity of technical provisions;

((b))~~(b)~~ the adjustment for the loss-absorbing capacity of deferred taxes.

Official text · the act as published Open full page ↗