winding-up proceedings

Defined in Article 268, Solvency II Directive

Definitions over time (1)

1. 09/12/2011 – today applies on 11/11/2026 Article 268, Solvency II Directive Scope: Title IV

   For the purpose of this Title the following definitions shall apply:

   ‘winding-up proceedings’ means collective proceedings involving the realisation of the assets of an insurance undertaking and the distribution of the proceeds among the creditors, shareholders or members as appropriate, which necessarily involve any intervention by the competent authorities, including where the collective proceedings are terminated by a composition or other analogous measure, whether or not they are founded on insolvency or are voluntary or compulsory;

Used in (38 places in 18 provisions on 11/11/2026)

Solvency II Directive (38 in 18)

Article 267 · Article 268⁵ · Article 269 · Article 273⁴ · Article 274¹⁰ · Article 276² · Article 279 · Article 280² · Article 281² · Article 285 · Article 286 · Article 287² · Article 288 · Article 289 · Article 291 · Article 292 · Article 293 · Article 294