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Recital 2

Recital 2

(2)Insurance and re-insurance undertakings should use the technical information, which is based on market data related to the end of the last month preceding the first reporting reference date to which this Regulation applies. On 11 October 2016, the European Insurance and Occupational Pensions Authority provided the Commission with the technical information related to end of September 2016 market data. That information was published on 10 October 2016 in accordance with Article 77e(1) of Directive 2009/138/EC.

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