function
Definitions over time (1)
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06/01/2010 – 09/12/2011 Article 13, Solvency II Directive Scope: Whole act
For the purposes of this Directive, the following definitions shall apply:
‘function’, within a system of governance, means an internal capacity to undertake practical tasks; a system of governance includes the risk-management function, the compliance function, the internal audit function and the actuarial function;
Other definitions of this term in this act (1)
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Earlier definition records in this act (1)
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- Article 13(29) Historical · definitions end 30/06/2021
Used in (0 places in 0 provisions on 11/11/2026)
No text uses this concept on 11/11/2026.