function

Defined in Article 13, Solvency II Directive

Definitions over time (2)

1. 30/06/2021 – today applies on 11/11/2026 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;

2. 09/12/2011 – 12/01/2017 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;

Used in (64 places in 28 provisions on 11/11/2026)

Solvency II Directive (64 in 28)

Recital 13 · Recital 30⁴ · Recital 31⁴ · Recital 32² · Recital 33³ · Recital 34² · Recital 35 · Recital 37² · Recital 39 · Article 13⁷ · Article 18 · Article 19² · Article 26² · Article 31 · Article 38³ · Article 42² · Article 44³ · Article 46² · Article 47⁴ · Article 48² · Article 49⁴ · Article 50³ · Article 68² · Article 70 · Article 106 · Article 129² · Article 152 · Article 157