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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
  - Section 1 - Determination of own funds (Article 62-68) 7
    
    Subsection 1 - Supervisory approval of ancillary own funds (Article 62-67) 6
    
    Article 62 - Assessment of the application
    
    Article 63 - Assessment of the application — Status of the counterparties
    
    Article 64 - Assessment of the application — Recoverability of the funds
    
    Article 65 - Assessment of the application — Information on the outcome of past calls
    
    Article 66 - Specification of amount relating to an unlimited amount of ancillary own funds
    
    Article 67 - Specification of amount and timing relating to the approval of a method
    
    Subsection 2 - Own funds treatment of participations (Article 68) 1
  - Section 2 - Classification of own funds (Article 69-79) 11
  - Section 3 - Eligibility of own funds (Article 80-82) 3
- Chapter V - SOLVENCY CAPITAL REQUIREMENT STANDARD FORMULA (Article 83-221) 139
- 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 66 changes in this version: compare with the current text.

View as of 02/04/2016 What changes

Article 66 - Specification of amount relating to an unlimited amount of ancillary own funds

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

1. 1. The supervisory authorities shall not approve an unlimited amount of ancillary own funds.

2. 2. Where the supervisory authorities approve an amount of ancillary own funds, the decision of the supervisory authorities shall specify whether the amount that has been approved is the amount for which the insurance or reinsurance undertaking has applied or a lower amount.

Official text · the act as published Open full page ↗